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Difference Between LC and Bank Guarantee

June 17, 2011Posted byOlivia

LC vs Bank Guarantee Letter of Credit and Bank Guarantee are two financial instruments that are very helpful to buyers and suppliers, especially when they are not too well known to each other or are just starting out on a venture. These two financial instruments are issued by banks to buyers and sellers and have […]

Filed Under:BankingTagged With:Bank Guarantee,BG,LC,Letter of Credit

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