New Click here to enroll in UIICL SO Finance and Investment Course

    Register

    Question

     To reduce a bank’s risks on confirmations and negotiations of irrevocable letters is called?

    A Exim Letter of Credit Correct Answer Incorrect Answer
    B Bank Guarantee Correct Answer Incorrect Answer
    C Letter of Recommendation Correct Answer Incorrect Answer
    D Letter of Issuance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next