Glossary
What is Applicant?
The party who instructs its own bank to open a letter of credit, usually the buyer, and who must pay the bank back once it honours the credit.,T15-C02
This term in other languages
| Arabic | الآمر بفتح الاعتماد |
|---|---|
| French | Donneur d'ordre |
| Turkish | Akreditif amiri |
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