Sunday 26 January 2020

Kind of letter of credit

Types of letter of credit

  1. Documentary letter of credit
  2. Clean letter of credit
  3. Revocable letter of credit
  4. Irrevocable letter of credit
  5. Confirmed  letter of credit
  6. Unconfirmed  letter of  credit
  7. Fixed letter of credit
  8. Revolving letter of credit
  9. With recourse letter of credit
  10. Without letter of credit
  11. Transferable letter of credit
  12. Non Transferable letter of credit
  13. ransferable letter of credit
  14. Back to back letter of credit
  15. Red clause  letter of credit
  16. General letter of credit
  17. A Special letter of credit
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