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Frequently Asked Questions
Does CitiDirect Online Banking offer a solution for Letter of Credit (LC) issuance?
Insurance Letters of Credit through CitiDirect enables global reinsurers to initiate and monitor their letter of credit (LC) obligations, assisting your efforts to meet solvency rules imposed by regulatory authorities and the security requirements of their beneficiaries. You benefit from an easy process that gives you total control over the LC issuance and instant access to a wealth of accurate and up-to-date information.
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