Get FREE CONSULTATION with our team of experts! Click here to start!
logo
Office - 216, Bank Street Building,

Bank Street Road,Burjuman,Dubai,UAE

+971 52 352 5763

Mon-Sat 9am-6pm

service@dhanguard.com

24 X 7 online support

  1. Home
  2. Bank Dictionary
  3. Letter of Credit (LC)
Get Instant Advice

Letter of Credit (LC) - Meaning

A formal document issued by a bank on behalf of a customer, stating the conditions under which the bank will honour the commitments of the customer.

Recently Searched Terms

Letter of Credit (LC)
Legal capital
Lien
Level-coupon bond
Lookback option
Liquidator
LEAPS
Law of large numbers
Correlation swap
Knock-in Event
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Our Banking Services

Business Account
Business Account
Business Loan
Business Loan
Home Loan
Home Loan
Investments
Investments
Join Our Affiliate Program

Easy Steps for our Affiliates

1
Join Our Program
Easy Registration. No KYC Required.
Join Us!
2
Generate a Lead
No Targets, Be your own Boss
Join Us!
3
Earn Commission
Get Paid after successful conversion of lead.
Join Us!
4
Get Paid!
Get Money directly in your bank account
Join Us!

Videos

Popular Searches

Business Setup :
Banking Service :