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TAGASIVTMATU AKREDITIIVI AVAMISTAOTLUS IRREVOCABLE DOCUMENTARY CREDIT APPLICATION Tidal tactless / to be filled in by the applicant AKREDITIIVI DEMISE KUIPER/ expiry date KINNITATUD / confirmed LEVANT

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What is irrevocable documentary credit application?

Irrevocable documentary credit application is a document used in international trade transactions that provides a guarantee of payment to the exporter by the importer's bank.

Who is required to file irrevocable documentary credit application?

The importer is required to file an irrevocable documentary credit application with their bank.

How to fill out irrevocable documentary credit application?

To fill out an irrevocable documentary credit application, the importer needs to provide details such as the beneficiary name, the amount of credit, the goods or services being imported, and any specific document requirements.

What is the purpose of irrevocable documentary credit application?

The purpose of an irrevocable documentary credit application is to provide assurance to the exporter that they will receive payment for their goods or services, as long as they fulfill the terms and conditions specified in the application.

What information must be reported on irrevocable documentary credit application?

The irrevocable documentary credit application should include information such as the importer's name and address, the beneficiary's name and address, the amount of credit required, a description of the goods or services, and any specific terms and conditions.

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