English translation
1 - The opening of a credit is a contract under which the bank places means of payment at the beneficiary’s disposal within the limits of a specified amount. 2 - The credit shall be opened for a specified or unspecified period.
Arabic original
١ - فتح الاعتماد عقد يضع البنك بمقتضاه تحت تصرف المستفيد وسائل للدفع في
حدود مبلغ معين.
٢ - ويفتح الاعتماد لمدة معينة أو غير معينة.Ask about this article
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