CDCS study materials-Standby letters of credit
Banker Makhluk March 21, 2019
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CDCS study materials-Standby letters of credit

CDCS study materials-Standby letters of credit Chapter-21 Learning objectives This chapter provides an overview of standby letters of credit and the content of ISP98. By the end of this chapter, you should be able to: ◆◆ describe the origins and use of a standby letter of credit; and ◆◆ understand the content of ISP98 as the […]

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CDCS study materials-The features of documentary credits
Banker Makhluk March 21, 2019
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CDCS study materials-The features of documentary credits

CDCS study materials-The features of documentary credits Chapter-20 20.1 Introduction CDCS study materials-The features of documentary credits Some features and conditions are fundamental to all documentary credits; others, by means of the insertion of clauses or a recognised form of wording, provide a speciality function. A number of these characteristics are provided for within UCP 600 and ISP98, […]

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