Ozgur Eker (CDCS)
What is a Draft Letter of Credit?
Understanding the Importance of a Draft Letter of Credit
A letter of credit is a conditional payment method.
An exporter is required to submit documents, which...
Letter of Credit Services for US Exporters
United States is the 2nd largest exporter of goods in the world.
As of 2020, the United States is a major player in the global...
Letter of Credit Services for Spanish Exporters
Spain is the 17th largest exporter of goods in the world.
In 2020, Spain exported a total of $298B of goods.
The top exports of Spain...
Letter of Credit Services for Italian Exporters
Italy is the 7th largest exporter of goods in the world.
In 2020, Italy exported a total of $481B of goods.
The top exports of Italy...
Letter of Credit Services for German Exporters
Germany is the 3rd largest exporter of goods in the world just after China and USA.
In 2021, Germany’s total exports reach to 1375 billion...
India Export Letter of Credit Consultancy
Transaction Background:
Both importer and exporter are engaged in renewable energy sector.
The buyer is one of the biggest renewable energy company in India.
The seller is...
Amount of Cargo Insurance Coverage Example under an L/C Payment
The purpose of taking out insurance is to receive compensation in case the goods do not arrive or are damaged.
Therefore, the policy holder must...
All Risks Insurance Policy Under L/C Payments
Letter of credit conditions must be clear and precise without leaving any room for ambiguity.
In terms of insurance documents, the letter of credit must...
Senegal Export Letter of Credit Consultancy
Letter of Credit References:
We have completed our export letter of credit consultancy services with success in regards to a letter of credit which is...
FCL/LCL Shipments: Single Shipper/ Multiple Consignees
Full Container Load (FCL) refers to a single container or multiple containers are booked by a shipper to transport their cargo exclusively under a...