Trade Finance NetworkWhat Is An At Sight Letter Of Credit And How Do You Use It In Foreign TradeAn At Sight Letter of Credit is a letter of credit (LC) that is payable once the exporter/seller meets all of the requirements of the…Sep 20, 20171Sep 20, 20171
Trade Finance NetworkLetter of Credit Tips for Exporters and ImportersImportersJul 27, 20172Jul 27, 20172
Trade Finance NetworkMT799 — What is SWIFT MT799?When dealing with Bank Guarantees (Demand Guarantees) and Letters of Credit (Documentary Letters of Credit), you may often hear someone…Jul 25, 20173Jul 25, 20173
Trade Finance NetworkLetters of Credit: What Are The Different Types?In the trade finance market, there are really only two basic forms of letters of credit: The Standby Letter of Credit (SBLC) and…Jun 30, 20171Jun 30, 20171
Trade Finance NetworkDo You Really Need A Bank Guarantee?Many times, in a contract or agreement, there is a need for a third party (often a bank) to guarantee to pay a specific amount of money to…Jun 29, 2017Jun 29, 2017
Trade Finance NetworkYou Want Trade Financing, But Don’t Understand What a Standby Letter of Credit (SBLC) IsThe Standby Letter of Credit serves a different function than the commercial letter of credit or Documentary Letter of Credit (DLC). The…Jun 28, 20171Jun 28, 20171
Trade Finance NetworkHave You Ever Asked…What Is A Letter Of Credit?In order to facilitate trade, letters of credit achieve their purpose by using the credit of the customer rather than the credit the bank.Jun 22, 2017Jun 22, 2017
