The terms of payment is letter of credit.
举一反三
- The ( ) refers to the bank that is responsible for payment of the proceeds under a letter of credit if the terms and condition of the credit are complied with.
- _____ the terms of payment as stipulated in the contract，please establish an irrevocable letter of credit in our favor.
- The commonly used terms of payment in international trade are . A: letter of credit B: remittance C: collection D: Cash
- Letter of credit belongs to banker’s credit.
- Remittance and collection belong to commercial credit, and letter of credit belongs to banker’s credit.