At Trade Finance Global we get asked a lot of questions around Letters of Credit, so we’ve put together a quick cheat sheet on LCs, payment times and the presentation… read more →
Top 10 questions on trade finance, covering letters of credit, bills of lading, avalisation, documents, reverse factoring, and bank guarantees. Read our FAQ.
There are a number of difficulties with using a Letter of Credit, but they are one of the most widely used instruments for trade. Letters of credit are used in… read more →
At Trade Finance Global, many people ask whether the UCP 600 will be revised. The UCP 600 is a set of rules developed by the International Chamber of Commerce on… read more →
Many industries are financially regulated and governed to facilitate trade, prevent risks and standardise rules. The UCP 600 (“Uniform Customs & Practice for Documentary Credits”) is the official publication which… read more →
Letters of Credit (LCs) are instruments which guarantee sellers payment if certain terms and conditions are met. They are frequently used in international transactions and have many different types. We… read more →