On: June 4, 2006 By: Chris Lidberg
It is not uncommon to receive a call from your bank telling you they checked documents against your letter of credit and that discrepancies have been cited. Here's how you may want to respond.
On: May 7, 2006 By: Stan Klatka
If your words relay only part of your message, your body language and the other sounds you make convey the rest of your message.
On: January 22, 2006 By: Chris Lidberg
Once a letter of credit (LC) is issued and the beneficiary has had a chance to review the document, the need for an amendment may become apparent.
On: December 26, 2005 By: Prema Nakra
Countertrade is being increasingly viewed by firms and nations as an excellent mechanism to gain entry into new markets. Here are some advantages and disadvantages of the practice.
On: October 30, 2005 By: John Goodrich
Intellectual Property Right owners can record their trademarks and copyrights with Customs, which will then screen import shipments for infringements.
On: September 1, 2003 By: Chris Lidberg
You must meet the terms of a letter of credit in order to get paid. Here are the types of discrepancies that can cause problems with the bank.
On: May 19, 2002 By: Chris Lidberg
If you decide you need to use a confirmed letter of credit to ensure that you will get paid for your export, you need to make sure that your bank will add their confirmation. Here are some reasons they might not want to confirm.
On: March 10, 2002 By: Chris Lidberg
The trade letter of credit is intended to be a payment tool. The standby letter of credit is just the opposite. It is not intended to be drawn upon.
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