What is a Letter of Credit? How Does a Letter of Credit Works?
Letter of Credit is a payment instrument used majorly in international trade in which a bank provides a monetary guarantee to enterprises that deal in the import and export of goods. Letter of credit can be used for both import and export purposes. https://www.bandeniachallengerbank.com/
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For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750.