Letter of Credit Import

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LCI
Pronunciation
/ˈlɛtər əv ˈkrɛdɪt ˌɪmˈpɔrt/
Category
Business
Related Field
International Business

Examples in Context

  1. To tell you frankly, a letter of credit would increase the cost of my import.
  2. To tell you frankly, a letter of credit would increase the cost of my import. When open a letter of credit with a bank, I have to pay a deposit.
  3. By confirmed irrevocable, transferable and divisible letter of credit in favour of China National Metals Minerals Import Export Corporation___ Branch payable at sight allowing partial shipments and transhipment.
  4. We open an irrevocable Letter of Credit No.123 in favour of China National Metals And Minerals Import & Export Corporation, Beijing.

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