When It Comes to Bank's Service Charge for Providing a L/C,the

question 106

True/False

When it comes to bank's service charge for providing a L/C,the larger the transaction,the higher the percentage.

---

Definitions:

Insourcing

Insourcing is the practice of performing a business function internally rather than outsourcing it to an external provider.

Onshoring

The practice of transferring a business operation that was moved overseas back to the country from which it was originally relocated.

Gigster's Business Model

A digital platform business model that connects companies with freelance software developers and designers to work on projects, leveraging a gig economy structure.

Experienced IT Professionals

Experienced IT Professionals are individuals with a significant amount of knowledge and skills in information technology, gained through years of work in the field.