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Letter of credit is the most secured form of payment when concluding sales or other type of commercial transaction. It is especially important when concluding an international transaction, when the buyer and seller do not know each other well and do not have a high degree of mutual trust
In the case of a letter of credit, the payment is made only when all the conditions provided by the same letter of credit are fully met. JSC Liberty Bank offers both local and international letters of credit.
Benefits for the Buyer / Importer:
Benefits for Seller / Exporter
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