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Letters of Credit and Letters of Guarantee and their problems

Introduction

Letters of credit and letters of guarantee accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. In this course you will study the types of letters of credit and letters of guarantee, and the problems and complications which can occur while dealing with these letters.


Objective


For Whom

Who want to learn the efficient dealing with the letters of credit and letters of guarantee and their problems.


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