MT799 - What is SWIFT MT799?
When dealing with Bank Guarantees (Demand Guarantees) and Letters of Credit (Documentary Letters of Credit), you may often hear someone...
You Want Trade Financing, But Don’t Understand What a Standby Letter of Credit (SBLC) Is
The Standby Letter of Credit serves a different function than the commercial letter of credit or Documentary Letter of Credit (DLC). The...
Have 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...
