Topical Terminology > Advising Bank

3 Definitions

Advising Bank

For Advising Bank we have terms and definitions in 3 topics. The topics are Accounting, International Business and Logistics.

is a bank in the exporter's country handling a letter of credit.

Bank, usually in the country of the seller, whose primary function is to authenticate the letter of credit and advise it to the seller.

A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.

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