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What is Lc

The fall in value of the Turkish currency has doubled the charm of buying housing by investors in the Persian Gulf region.

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What is Lc

LC is an acronym for Letter of Credit. The letter of credit is one of the most widely used payment methods in foreign trade. In general terms, the letter of credit is a letter of credit from the buyer to the exporter company in exchange for the price of the goods. It is a kind of contractual text because it contains all the terms related to the trade to be done in content.

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