What is the Difference between Master L/C and Back to Back L/C?
Major Comparison between Master L/C and Back to Back L/C What is Letter of Credit (L/C)? L/C means letter of credit. The technical term for letter of credit is ‘Documentary credit’. It is a common word for merchandisers in apparel merchandising. L/C is a payment term generally used for international sales transactions. It should be mentioned that L/C deals only
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