Account Party

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Account Party

Party who applies to open a bank for the issuance of a letter of credit.

Account Party

An importer or other buyer that applies for a letter of credit from a bank. The account party, upon receiving the letter of credit, is able to guarantee the exporter (or other seller) that it will receive payment for the goods shipped even if the account party itself defaults.

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letter of credit LOC			To make payment on behalf of the account party, in the event that the account party fails to fulfill its obligation to the beneficiary. Joint final rule--amendment to risk-based capital guidelines, capital ... by Federal Reserve Bulletin			Accommodation Line Accommodation loan accommodation party Accommodative Monetary Policy Accommodement Accord and Satisfaction Accord de Participation Accordion Fold Accordion Insert Accordo acquisto-vendita Account Account Activity Account Ad Valorem Duty Account Aggregation Account Analysis Account Balance Account Conflict Account Current Account Executive Account Fee Account Form Account Holder Account in Trust Account Inquiry Account Number Account Party Account Payee Only Account Reconcilement Account Reconciliation Account Representative Account Statement Account-Only Check Accountability Accountable Plan Accountant Accountant in Charge Accountant's Liability Accountant's Magazine, The Accountant's Opinion Accountants for the Public Interest Accountants International Study Group Accountants Liability Insurance Accountants' Index Accounting Accounting Basis Accounting Change Accounting Control Accounting Convention Accounting Currency Accounting Cycle Accounting Department			Account Management Apprenticeship Program Account Management Center Account Management Interface Account Management Profile System Account Management System Account Manager Account Manager Code Account Manager Learning Environment Account Metering Function Account Name Account Network Management Program Account number Account number Account number Account number Account Numbers Account Numbers Account Numbers Account Of account of goods shipped account of merchandise Account of sales account of transactions Account Only Check Account Only Checks account outstanding account owing Account Owner Account Parties Account Party account payable account payable account payable account payable Account Payee Only Account Planning Group Account Planning Group Switzerland Account Point of Contact Account policy Account Program Coordinator Account Program Management Office Account Pseudonym Account Pseudonym Address Account Range Definition Account Receivable Account Receivable Account Receivable Account Receivable Account Reconcilement Account Reconcilements Account reconciliation Account reconciliation Account reconciliation Account Reconciliation Plan Account Reconciliations Account Record Storage Manager Account Reference Number Account Register Account Registration System Account Rendered

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