Sample Of Documentary Letter Of Credit. Letter of Credit, as being defined by Investopedia, is widely used for international exchanges as guarantees as well as an important assurance, particularly to the sellers that will be be paid for a large transaction. Respected Madam, This letter is to apply to your financial institution for credit for the purchase made by us from the seller.
A documentary letter of credit is a formal letter and has to be written with professionalism.
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Good credit is a lifelong friend with deep pockets. Date: Irrevocable letter of Credit No. Letter of Credit, as being defined by Investopedia, is widely used for international exchanges as guarantees as well as an important assurance, particularly to the sellers that will be be paid for a large transaction.