Trade Finance – Letter of Credit in UAE Context | Lexology

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Letter of Credit in UAE

 

http://bit.ly/letter-of-credit-UAE

Documentary credit could not function if the buyer and seller lacked confidence that the banks would honor their obligations irrespective of their instructions thereby making principle of autonomy the most significant practice serving as lifeblood for international trade. Consult with our top banking lawyers to learn more about this matter

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