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Banking

Jan. 11, 2000

Good Credits

The International Standby Practices 1998 provides a global code of practice for standby letters of credit and similar undertakings.

        By Mary Whitney Kenney, Neal S. Millard and Janis S. Penton
        
        The International Standby Practices 1998 provides a global code of practice for standby letters of credit and similar undertakings.
        A standby letter of credit, as distinct from a commercial or trade letter of cre...

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