FAQ

What are the advantages in terms of the letter of credit the buyer and seller?

Receiver Letter of credit to pay the seller does not fulfill the terms of assurance that the recipient has not be made. Banks receiving the letter of credit on behalf of the study the conditions have been fulfilled. The importer, "the most recent upload date," able to locate him (well not recognize, especially exporters) provides the opportunity to be able to get the goods on time. Pazarlayana showing their goods as security until the debt can find a variety of sources - If you agree with the seller the cost of goods against documents at sight if not paid after 60 days of the importer, for example, to make immediate payment within 60 days to find another source for the debt is likely to lower cost credit provided. Seller Assurance of a bank has to pay (in addition to the Letter of Credit from a bank regains assurance). Bank assurance of the buyer's country because of political risk has decreased to a minimum. Export credits can. Going to increase sales to new markets.