Trade Finance Network·Sep 20, 2017What 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…A response icon1A response icon1
Trade Finance Network·Jul 27, 2017Letter of Credit Tips for Exporters and ImportersImportersA response icon2A response icon2
Trade Finance Network·Jul 25, 2017MT799 — What is SWIFT MT799?When dealing with Bank Guarantees (Demand Guarantees) and Letters of Credit (Documentary Letters of Credit), you may often hear someone…A response icon3A response icon3
Trade Finance Network·Jun 30, 2017Letters 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…A response icon1A response icon1
Trade Finance Network·Jun 29, 2017Do 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…
Trade Finance Network·Jun 28, 2017You 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…A response icon1A response icon1
Trade Finance Network·Jun 22, 2017Have 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.
