Documentary Letters of Credit have been used for centuries to facilitate payment in global trade dealing. Further, ICC – UCP rules for Documentary Credits govern LC Terms and Conditions. Also,...
Letter of Credit, a written undertaking issued by a bank, on behalf of its client, i.e. an importer or a buyer. This acts as a promise from a bank to...
Do you want to know the difference between LC and SBLC? Of course, both are the most popular financial instruments used in international trade transactions. Also, it helps traders to...
Millberry Copper comes with high thermal and electrical conductivity and also it can be recycled 100% without any quality loss. Mostly, this type of copper scraps is used in the...
Looking to avail Letter of Credit to facilitate your global trade? But, not sure, where to start? Also, don’t have an idea of what documents required for LC opening? Indeed,...
Trade Finance includes a wide range of financial tools – Letter of Credit or Standby LC. Further, these trade finance facilities help importers and exporters to secure their domestic and...
You can find few similarities between Letter of Credit vs Bank Guarantee. But actually, both MT700 & MT760 serve different purposes by acting as separate Bank Instruments.
