The most important thing for sellers in a letter of credit transaction is to attain to strict...
Anticipatory credits are a mix between cash in advance and a standard letter of credit. In fact...
If the seller and the buyer are involved in a long-term collaboration, they can resort to revolving...
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...
Under an irrevocable letter of credit, the issuing bank (irrevocable unconfirmed credit), or the...
The Importance Of Banks In A Letter Of Credit Letters of credit provide advantages for both...
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...
The letter of credit is the most used and most effective payment method in international trade. In...