Meaning ACCEPTANCE LETTER OF CREDIT
What does ACCEPTANCE LETTER OF CREDIT mean? Here you find 2 meanings of the word ACCEPTANCE LETTER OF CREDIT. You can also add a definition of ACCEPTANCE LETTER OF CREDIT yourself
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ACCEPTANCE LETTER OF CREDITA Letter of Credit which provides that it will be honoured by Acceptance by the bank with which the Letter of Credit is available of a Bill of Exchange drawn by the Beneficiary.
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ACCEPTANCE LETTER OF CREDITA Letter of Credit which, in addition to other required documents, requires presentation of a term draft drawn on the bank nominated as the accepting bank under the Letter of Credit.
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