- instrument of credit
- letter of credit
- see also 信用证【xìn yòng zhèng】
- CL:张【zhāng】
Generated: This refers to a financial instrument used to secure or signify credit or loan agreements.
The credit instrument provided by the bank can help businesses finance.
Generated: This is a specific type of document issued by a bank guaranteeing payment to a seller, ensuring that the seller will receive the agreed-upon amount under specified conditions.
This transaction requires the use of a letter of credit as a guarantee of payment.