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TAGASIVTMATU AKREDITIIVI AVAMISTAOTLUS IRREVOCABLE DOCUMENTARY CREDIT APPLICATION AKREDITIIVI LINK / type of documentary credit (Rita vajadusel) AKREDITIIVI DEMISE KUIPER/ expiry date (akreditiivi

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What is type of documentary credit?

Type of documentary credit is a type of payment method used in international trade transactions. It is a letter of credit issued by a bank on behalf of a buyer, guaranteeing payment to a seller upon presentation of specified documents.

Who is required to file type of documentary credit?

The buyer or importer is typically required to file type of documentary credit with their issuing bank.

How to fill out type of documentary credit?

To fill out type of documentary credit, the buyer needs to provide information such as the amount of credit, beneficiary details, description of goods or services, validity period, and any specific terms and conditions.

What is the purpose of type of documentary credit?

The purpose of type of documentary credit is to provide a secure method of payment for international trade transactions, ensuring that the seller receives payment once they fulfill certain conditions specified in the letter of credit.

What information must be reported on type of documentary credit?

The type of documentary credit must include information such as the buyer's and seller's names and addresses, details of the goods or services being traded, the amount of credit, date of shipment, and any specific conditions or documents required for payment.

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