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New page: In shipping terms, the '''Advising Bank''' is a bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.<ref>U.S. Department of Transportation M...
In shipping terms, the '''Advising Bank''' is a bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>

==References==
<references/>
[[Category:Shipping terms]]
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