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
