Write short-notes on the following:

Back to Back Letter of Credit

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
25
Add Description

Back to Back Letter of Credit: Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a transaction. A back-to-back letter of credit is usually used in a transaction involving an intermediary between the buyer and seller, such as a broker, or when a seller must purchase the goods, it will sell from a supplier as part of the sale to his buyer.

Back-to-back LCs essentially substitute the two issuing banks' credit to the buyer's and intermediary's and thus help facilitate trade between parties who may be dealing from great distances and who may not otherwise be able to verify one another's credit.

4 weeks ago
0 0
স্বপ্নদর্শী
Verified

Related Questions

Translate the following passage into English:

কয়েক দিন ধরে বই মেলায় প্রচুর ভীড় দেখা যাচ্ছে ।

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
12
Add Description

Translate the following passage into Bangla.

The wearer knows where the shoe pinches.

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
11
Add Description

Translate the following passage into Bangla.

He is making faces at me.

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
15
Add Description

Translate the following passage into Bangla.

The detective left no stone upturned to find out the culprit.

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
20
Add Description

Translate the following passage into Bangla.

He is too proud to talk.

Created: 4 weeks ago | Updated: 2 weeks ago
Job Solution সাধারণ বীমা কর্পোরেশন সাধারণ বীমা কর্পোরেশন || জুনিয়র অফিসার (12-07-2019) || 2019 English
23
Add Description