THE IRREVOCABILITY OF THE CREDIT Mr. Old Man exchanging views with Ravi, Frammi and Armagedo on LC Irrevocability QUERY FROM RAVI we have opened a irrevocable letter of credit to our exporter in Australia from State Bank of India. We have contracted 10 FCls at the price of 360 USD and now the prices jumped nearly 150 USD PMT. It is the intention of our … Read More