„Advice“
What does Advice stand for?
1. A report from one party to another informing them of an occurrence with regard to some business transaction: a shipment, a collection, a manufacture etc.etc.
2. A notification by an advising bank on behalf of the issuing bank to a beneficiary informing them of the terms of a letter of credit,
Source:
Documentation and Legal PapersView all itemsKrugman, P., Obstfeld, M., & Melitz, M. (2015). International Economics: Theory and Policy. 10th Edition. Pearson Education Limited.
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