Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is Back to Back L/C? how is work?

user-image
Question added by Reji Lonappan , Finance Controller
Date Posted: 2014/11/18
Abhishek chandgadkar
by Abhishek chandgadkar , Senior Dealer , Nirmal Bang Securities Ltd

A letter of credit is bank written promise that it will make a customer the holder payment to vendor called the beneficiary if the customer does not.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.