Confirmed Letter of Credit And its Advantages
A confirmed Letter of Credit is an LC guaranteed by two banks. However, the confirming bank does not just agree […]
Letter of Credit
How safe is Red Clause Letter of Credit
What is a red clause letter of credit, and do some suppliers demand if for order fulfilment? The best way
Bank Instruments, Import and Export, Knowledge Base, Letter of Credit, Oil & Gas Basics
Commonly Used Letters of Credit
Letter of credit is a letter assuring a seller of issuing bank’s readiness to make payment to the seller in
Understanding Letter of Credit
What are the advantages of Letter of Credit? Why do exporters prefer it to other payment instruments? In this article,