A commercial letter of credit is a contractual agreement between a bank, known as the issuing bank, on behalf of one of its customers, authorizing another bank, known as the advising or confirming bank, to make payment to the beneficiary. The issuing bank, on the request of its customer, opens the letter of credit. The issuing bank makes a commitment to honor drawings made under the credit. The beneficiary is normally the provider of goods and/or services. Essentially, the issuing bank replaces the bank's customer as the payor.
#7. Cmdr. DragoRaceX Jun 13 @ 10:01am. Originally posted by CMDR BrandNarb:The Federal Corvette will probably be a little over the anoconda in price, i do think you might have to be high rank in the federation. wich i hope you dont because the ranking system is broken.frontier even admitted it. im sure it will have something like 300 cargo and maybe 5-6 hardpoints.o that is one rank below Post Commander, the previous highest federal rank, before 1.3.. #6. Brand Jun 12 @ 1:54pm. The Federal Corvette will probably be a little over the anoconda in price, i do think you might have to be high rank in the federation. wich i hope you dont because the ranking system is broken.
The Chevrolet Corvette (C3) is a sports car that was produced by Chevrolet for the 1968 through 1982 model years.Engines and chassis components were mostly carried over from the previous generation, but the body and interior were new. 1974 Stingray equipped with the L48 195 hp (145 kW) small-block was capable of 0-60 in 6.8 seconds; comparable to the 6.5 second time of the 1968 small-block rated at 300 hp (224 kW); proof the 1972-74 Corvette engines had ample power regardless of reduced horsepower and net (bhp) ratings.