Letter of Credit Flow
2012-12-24 14:29:59
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8. Approval of documents
9. Approveddocuments
Advising Bank
Buyer's/Issuing Bank
10. Payment
3.Transmitt LC
4. AdviceLC
1. Place order with delivery block
Buyer
7. Payment
Seller
Letter of Credit Flow
2. OpenLC
5. Delivery block removed and goods delivered
6. Presentation of documents
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