Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Learn about Synthetic Letters of Credit (SLCs), pre-funded instruments used in international trade to guarantee payments and ...

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Commercial letters of credit provide reliable means of payment in commercial sale transactions Letter of credit and bank's payment are independent of underlying sale transaction Bank's obligation to ...

Traditional letter-of-credit documentation is no longer fit for purpose. Blockchain technology is now emerging as one of the ...

Many subscription credit facilities will provide for the issuance of letters of credit in addition to the funding of loans. A letter of credit is an irrevocable undertaking for the payment of money ...

The most important thing in big transactions and business nowadays is to reduce the risk. When two people or companies are involved in a big deal, they may sometimes doubt each other's financial ...