Financial2012-09-28
Al-Arafah Islami Bank Description: Al-Arafah Islami Bank...
Catalog: Financial @ Services
Charset: UTF-8
URL: www.al-arafahbank.com 
Last modified: 2012-09-28 19:03:33
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L / C (LETTER OF CREDIT) L /C is an undertaking given by a Bank on behalf of its customer to pay a certain sum of money to a certain person ( Beneficiary ) on the fulfillment of certain terms and conditions as laid down in the letter of credit. Or-It is instrument issued by a Bank undertaking the payment on the fulfillment of certain terms and conditions as laid down in that letter of credit addressed to a beneficiary.[Financial] - www.bank*ll.org - UTF-8 - 2012-09-28
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