Why Letters of Credit Are Essential for Importers and Exporters
HOME December 20, 2025 A Letter of Credit (LC) is one of the most widely used and trusted trade finance instruments in international commerce. It serves as a bank-backed commitment that guarantees payment to the seller once all agreed terms and conditions of the trade are fulfilled. By involving banks as intermediaries, a Letter of […]
Understanding Trade Finance and Its Role in Global Business
HOME Understanding Trade Finance and Its Role in Global Business December 20, 2025 Trade finance plays a vital role in facilitating smooth and secure domestic as well as international trade by addressing the key risks associated with payments, delivery timelines, and performance obligations. In cross-border transactions, buyers and sellers often operate under different legal systems, […]