Sentences with phrase «accept letters of credit»

Not exact matches

Typically, in the old days, the importer would have asked his bank to issue a letter of credit, and this would be sent to and accepted by the foreign exporter's bank.

Once these milestones are complete, DOT can expeditiously accept the Letter of Interest or Draft Application, as the case may be, and formally move the Project into the credit underwriting process.

This letter is my formal notice to you that I do not accept your change in terms to my account described in the notice inserted with my November 2008 credit card statement (notice code INW13465 / ADV3856) relating to the new Account Service Charge of $ 10 per month and increase in the Minimum Payment Due from 2 % to 5 % of the ending balance on my monthly statement.

Once you have provided proof of income, the down payment and closing costs along with good credit and an accepted offer to purchase, your broker will review with the mortgage lender and provide a letter of commmitment with conditions and terms of the mortgage for your acceptance.

The registration shall contain (i) the name and address of the credit services business, (ii) the name and address of the registered agent authorized to accept service of process on behalf of the credit services business, (iii) the name and address of any person who directly or indirectly owns or controls a ten percent or greater interest in the credit services business, and (iv) the name and address of the surety company that issued a bond pursuant to § 59.1 - 335.4 or the name and address of the bank that issued a letter of credit pursuant to § 59.1 - 335.4.