The type of letter of credit：Reciprocal L/C【悟空海运​】

The type of letter of credit：Reciprocal L/C【悟空海运】

When the two parties conclude a transaction in which they act as importers and exporters mutually and the trades are related and equal or almost equal, the two parties open Ls/C in favor of each other. So the two Ls/C are conditioned on each other. This credit is usually used in compensation trade, barter trade, processing with supplied materials.

The type of letter of credit：Reciprocal L/C【悟空海运】