Historians have been able to trace the use of documentary credits back as far as ancient Egypt and Babylon. However, it was not until the 1 8th and 19th centuries that the term ‘letter of credit’ became widely used and recognized.

Guide to Documentary credits- Definitions-www.bankingallinfo.com

Guide to Documentary credits- Definitions-www.bankingallinfo.com

Guide to Documentary credits- Definitions-www.bankingallinfo.com Guide to Documentary credits Guide to Documentary credits- Definitions Guide to Documentary credits- Definitions-www.bankingallinfo.com Guide to Documentary credits- Definitions? Learning objectives In this study text,reference is made repeatedly to different terms that are associated with documentary […]

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