Thursday, October 17, 2019
Presentation - Top 10 Letter of Credit Discrepancies

Presentation – Top 10 Letter of Credit Discrepancies

What is a Discrepancy? There is no definition of a discrepancy under the current letter of credit rules, UCP 600. Discrepancy can be defined...
Presentation – Letter of Credit Documents

Presentation – Letter of Credit Documents

Proforma Invoice In international trade transactions, a proforma invoice is a trade document which states a commitment from the seller (exporter) to sell goods...
Presentation - Types of Letters of Credit

Presentation – Types of Letters of Credit

Commercial Letters of Credit Commercial credits are used mainly in export and import transactions of tangible goods. Majority of commercial letters of credit are...
Presentation – Parties to the Letter of Credit

Presentation – Parties to the Letter of Credit

Issuing Bank Issuing Bank is the bank that issues a letter of credit at the request of an applicant or its own behalf. Letter...
Presentation – What is a Letter of Credit?

Presentation – What is a Letter of Credit?

What is a Letter of Credit? By reading this presentation, you will gather some basic yet very important information regarding the letters of credit. Understanding the...
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