New: standbyletterofcredit

emeriobanque (33)in tradefinanceinstruments • 2 years ago
Advantages and Disadvantages of Letter of Credit in Global Trade
A letter of credit provides a financial backdrop to both the buyers/importers and overseas suppliers ie. sellers/exporters in cross-border trade transactions by ensuring that the payment will be…
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Disagreement on rewards
Fraud or plagiarism
Hate speech or trolling
Miscategorized content or spam

Submit
$0.00
0

Advantages and Disadvantages of Letter of Credit in Global Trade