英语词汇“direct pay letter of credit (L/C)”的翻译、意思、用法、释义-英汉经管词典

单词	direct pay letter of credit (L/C)
释义	direct pay letter of credit (L/C) Definitions 1. L/C that is not paid through an advising bank but must be presented at the issuing bank for payment. 2. Standby letter of credit arrangement (usually a third-party guarantee securing the payment of a debt instrument) in which its beneficiary looks first to the issuer of the guarantee for payment in case of a default.
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