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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Letter of Credit
I am confusing with the following terms
Issuing bank
advising bank
seller’s bank
buyer’s bank
receiving bank
beneficiary bank
Please, explain what is the difference between them, Sir!
Hi, here’s the link that I forgot to send last time 🙁
Crfronline?org/orc/cro/cro-9-1
That should do it for you
If not, post again
Thank you very much.
You’re welcome, as always