Google Answers: irrevacable letter of credit

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Q: irrevacable letter of credit ( No Answer, 1 Comment )

Question

Subject: irrevacable letter of credit
Category: Business and Money > Finance
Asked by: greg20-ga
List Price: $20.00

Posted: 21 Nov 2004 21:09 PST
Expires: 21 Dec 2004 21:09 PST
Question ID: 432122

is it legal and acceptable for mortgage companies, as opposed to
banks, to issue irrevacable letters of credit to companies ?

Answer

There is no answer at this time.

Comments

Subject: Re: irrevacable letter of credit
From: blaze7716-ga on 10 Feb 2005 21:26 PST

I would think so. It also depends on what the letter of credit is being used for.
Go to www.letter-of-credit.net, the site explains the various uses for
letters of credit.

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