Letters of Credit: Types of Commercial Letters of Credit | Practical Law

Letters of Credit: Types of Commercial Letters of Credit | Practical Law

A Practice Note discussing the different commercial letters of credit most commonly used in domestic and international transactions for the sale of goods and services. This Note examines how these letter of credit transactions are structured and how they relate to the underlying sales transactions.

Letters of Credit: Types of Commercial Letters of Credit

Practical Law Practice Note w-003-6422 (Approx. 14 pages)

Letters of Credit: Types of Commercial Letters of Credit

by Practical Law Finance and Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Practice Note discussing the different commercial letters of credit most commonly used in domestic and international transactions for the sale of goods and services. This Note examines how these letter of credit transactions are structured and how they relate to the underlying sales transactions.