› JAIIB--LEGAL & REGULATORY ASPECTS OF BANKING › MODULE B- LEGAL ASPECTS OF BANKING OPERATIONS
Letter of credit

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Letter of credit
rashmi Offline
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#1
12-09-2014, 11:16 PM
when the LC specifies the bank that is negotiate the bills drawan under the LC, then the bank is aslo called

a. confirming bank
b. rembursing bank
c. nominated bank
d. none
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pankaj Offline
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#2
12-09-2014, 11:34 PM
ans c hia ji
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