0 a bank in the country of an exporter that tells the exporter about a letter of credit (= a document that promises to pay a particular amount of money into the exporter's account) and checks that the letter of credit is real and honest:
The advising bank notifies the exporting firm of the terms of the letter of credit.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
advising bank