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2. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking ... Revocable vs irrevocable: Whether an LC is ...

3. Uniform Customs and Practice for Documentary Credits

   en.wikipedia.org/wiki/Uniform_Customs_and...

   The Uniform Customs and Practice for Documentary Credits (UCP) is a set of rules on the issuance and use of letters of credit. The UCP is utilized by bankers and commercial parties in more than 175 countries in trade finance. Some 11-15% of international trade utilizes letters of credit, totaling over a trillion dollars (US) each year.

4. Short Term Export Credit Guarantee Program - Wikipedia

   en.wikipedia.org/wiki/Short_Term_Export_Credit...

   (GSM-102) covers credit terms up to three years. It underwrites credit extended by the private banking sector in the United States (or, less commonly, by the U.S. exporter) to approved foreign banks using dollar-denominated, irrevocable letters of credit to pay for food and agricultural products sold to foreign buyers. [1]

5. What Can I Use a Letter of Credit For? - AOL

   www.aol.com/finance/letter-credit-140001832.html

   A letter of credit is a written document from a bank guaranteeing the seller of a product or service will be paid as long as the goods or services are provided, as specified. Letters of credit are ...

6. Institute of International Banking Law & Practice - Wikipedia

   en.wikipedia.org/wiki/Institute_of_International...

   Containing statistics, news items, and expert opinions regarding specific operational and legal issues concerning banking, international trade, and finance, Documentary Credit World is a monthly publication that reports on the development of Letter of Credit Law and Practice and related issues. [11]

7. A.M. Best Affirms Ratings of The Chubb Corporation and Its ...

   www.aol.com/news/2013-03-08-am-best-affirms...

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8. Suze Orman: 4 Banking Habits You Should Adopt To Grow ... - AOL

   www.aol.com/suze-orman-4-banking-habits...

   These designations ensure that up to $250,000 of your deposits are federally protected in the unlikely event that your bank or credit union fails. Planning for a worst-case scenario is always wise ...

9. Talk:Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Talk:Letter_of_credit

   Because "irrevocable payment undertaking to a beneficiary against complying documents as stated in the credit" just doesn't seem to fit my definition of plain English. ;-) —The preceding unsigned comment was added by 83.131.175.214 ( talk ) 08:57, 2 April 2007 (UTC) .