Earlier this month Alubaf Bank in Tunis provided a letter of credit on behalf of a Libyan importer for fuel shipments.
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Today if a bank wants to issue a letter of credit (LOC), they come into our client portal to do that and submit their LOC app through our proprietary portal.
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He asked Avtovaz for a letter of credit from a Western bank guaranteeing its payment.
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You might also want to bring copies of recent bank statements, your current credit report and a letter from your employer verifying job and salary.
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