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List of abbreviations and nouns in business English letters
Abbreviated nouns in business English letters are as follows:

As soon as possible = as soon as possible

Letter of credit = letter of credit

GSP = GSP, also known as GSP certificate of origin.

Wire transfer = wire transfer

Mail transfer = transfer letter

Sight draft = reminder

D/P = D/P.

D/A = D/A..

For reference only.

ICC = International Chamber of Commerce

International Monetary Fund

Organization of the Petroleum Exporting Countries (OPEC )

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