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Our banking advice will be used when a letter of credit is granted to a party by a party in another country. In this instance, we will inform or advise the receiving party that a letter of credit is available. These institutions are known as notifying banks since their principal purpose is to inform the exporter that the letter has been issued.

It approach is used by people from various countries to smuggle products across borders by promising both parties that the other will follow through.

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