Types of LC in Export/Import Business & Their Usage in Pakistan

Last Updated: December 14, 2020
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Types of LC in Export/Import Business in Pakistan – Different Types of Letter of Credit & Their Use.

Types of LC (Letter of Credit) in Pakistan

– Commercial Letter of Credit

– Sight Letter of Credit

– Standby Letter of Credit

– Confirmed Letters of Credit

– Unconfirmed Letters of Credit

– Back-to-Back Letters of Credit

– Revolving Letters of Credit

– Sight Letter of Credit

– Deferred Payment Letter of Credit

– Red Clause Letter of Credit

– Irrevocable Letter of Credit

– Revocable Letter of Credit