ILC in Banking Meaning

The ILC meaning in Banking terms is "Industrial Logn Company". There are 3 related meanings of the ILC Banking abbreviation.

ILC on Banking Full Forms

  1. Industrial Logn Company
  2. Irrevocable Letters of Credit
  3. Irrevocable Letter of Credit A letter of credit in which the specified payment is guaranteed by the bank if all terms and conditions are met by the drawee and which cannot be revoked without joint agreement of both the buyer and the seller.

Frequently Asked Questions (FAQ)

  1. What does ILC stand for Banking?

    ILC stands for Industrial Logn Company in Banking terms.

  2. What is the shortened form of Industrial Logn Company in Banking?

    The short form of "Industrial Logn Company" is ILC for Banking.

Citation

ILC in Banking. Acronym24.com. (2021, December 15). Retrieved May 21, 2024 from https://acronym24.com/ilc-meaning-in-banking/

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