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Advice of Acceptance |
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Advice of Acceptance A statement issued by a bank notifying another bank of the positive result of a letter of credit or other demand for payment. That is, the advice of acceptance informs the second bank that the bill of lading was honored and paid as demanded. It is a type of advice of fate. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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