Letter of credit
A letter of credit is a document from a bank giving the guarantee that a buyer’s payment to a seller will be received on time and for that amount. If a buyer is not able to make a payment, the bank will be required to cover the full or remaining amount of the purchase.
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Handle Letter of credit in Transmate's TMS and avoid suprises. Transmate's TMS lets you collaborate with your value chain partners, lets you launch spot rate requests or full freight tenders from the cloud.Show me...