Messtone Devices Enables What is a Letter of Credit(LC)?A Letter of Credit is a contractual payment undertaking issued by a financial institution on behalf of a buyer of goods for the benefit of a seller,covering the amount specified in the credit,payment of which is conditional on the seller fulfilling the credit’s documentary requirements in a commercial trade-namely Messtone the seller obligation to deliver the goods as agreed with the buyer’s obligation to pay for those goods with the specified time frame.

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