fredlaso Posted September 15, 2014 Share Posted September 15, 2014 For Android iPhone or iPad Mac Description L/C is abbreviation of English words letter of credit. Letter of credit (L/C), also, documentary credit (D/C), is a well-known banking tool, which guarantees to the seller to receive a payment for sold goods without financial risks. Against the buyers order the bank takes obligations within a certain period of time to pay to the seller cost of the goods after the seller presents to the bank the documents agreed with the buyer. http://hungryforapps.com/s/letter-of-credit-traps Link to comment Share on other sites More sharing options...
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