term confirmed letter credit what is
Meaning of confirmed letter of credit. What is it: sight by your bank. This occurs no matter what.

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Definition confirmed letter of credit

CONFIRMED LETTER OF CREDIT title: confirmed letter of credit (SD-FT) (SAP Library - Glossary)
CONFIRMED LETTER OF CREDIT category: Foreign Trade (SD-FT)
CONFIRMED LETTER OF CREDIT explained:

A confirmation that you (the exporter) will be paid "at sight" by your bank.

This occurs no matter what happens to the importer (applicant) or the importer's bank bank (opening bank) as long as you conform to the letter of credit.

More terms such as confirmed letter of credit in Dictionary C.

Manual Client Eventing:
Help a specified iView that notifies related portal objects of modifications that occur. The notifcation may result, for example, in the update of content in the target iView. Some iViews are coded to confirmed letter of credit definition.
Manual Customs Warehousing Procedure:
Help in which foreign merchandise can be brought into a customs territory without levying duties. Such goods are stored in a bonded warehouse and then reexported or submitted for import procedures in the confirmed letter of credit explain.
Manual Channels:
Help Channels offer Business Information Warehouse workbooks, ordered according to topic areas. They access the workbooks that are assigned to them across the channels of the Business Explorer confirmed letter of credit what is.
Manual Customer Relationship Management (SAP):
Help A key functional area of SAP for Insurance that helps employees and agents maximize their relationship with customers and prospects, through a range of front-office capabilities confirmed letter of credit meaning.
Manual Capacity (PE-LSO):
Help containing information on the number of places available in a room and the number of participants allowed on a course type or course. The Capacity infotype defines: Optimum capacity Minimum capacity confirmed letter of credit abbreviation.
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