In January 2020, the International Chamber of Commerce published the updated version of the...
The most important thing for sellers in a letter of credit transaction is to attain to strict...
Transferable credits (article 38 (a) and (b) of the UCP 600) are another solution for middlemen, i...
Back-to-back credits, along with transferable credits, are two useful tools for middlemen dealing...
As per the most recent publication by the ICC Incoterms 2020, there are 11 official Incoterms...
The Importance Of Banks In A Letter Of Credit Letters of credit provide advantages for both...
DDP Delivered Duty Paid Incoterms 2020 is the last Incoterm of the D group. From the seller’s...
The letter of credit is the best way for exporters to receive payment in an international sale...
An Australian company buys automotive parts from a Thai supplier. The parties agree to settle the...
Group-C Incoterms 2020, technically Group-C Shipment Contracts, are a special breed of Incoterms...