Electronic Letter of Credit Faces Struggles to Gain Global Recognition
EghtesadOnline: For centuries, letters of credit have been a useful commercial instrument in global markets, facilitating trade not only for merchants but also for governments, banks and financial institutions. In recent years, the International Chamber of Commerce has introduced a new version of LC named the electronic letter of credit ( e-LC ).
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Publish Date:18/February/2017 | 15:57