Which one of the following is not a type of letter of credit ?
Sideon is not a recognised type of letter of credit. Irrevocable, confirmed and revolving letters of credit are established categories with different commitments or…
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Which one of the following is not a type of letter of credit ?
Answer and explanation
Correct answer D
Sideon is not a recognised type of letter of credit. Irrevocable, confirmed and revolving letters of credit are established categories with different commitments or operating arrangements.
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Maharashtra and Goa SET (MH SET)