- as stipulated in the credit
- wie im Kredit vorgeschrieben
First banking dictionary. Winfried Honig. 2014.
as stipulated in the credit
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letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable … Black's law dictionary
letter of credit — An engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the credit. A credit may be either revocable or irrevocable … Black's law dictionary
