Introduction International trade can be a risky affair, especially if you are not familiar with the counterparty or if they are based in a different part Read more What is a Performance Bank Guarantee? How is it Different from a Letter of Credit?
Introduction International trade comprises different types of documents and financial instruments These documents have been designed to facilitate international trade and to make it more secureSince buyers Read more What is Letter of Credit? What is the Process to get a Letter of Credit?
The ongoing pandemic has proved to be extremely challenging for most businesses around the world It is important to note that some industries have been hit Read more Impact of COVID-19 on Ghana’s Petroleum Upstream Sector
Introduction An irrevocable letter of credit is an agreement between a client and the client's bank. The bank agrees to pay the seller as soon as Read more How to get an irrevocable letter of credit?
Introduction Freight forwarders in 2020 are facing more challenges than every year. The only significance of this year is anyway the pandemic. It stays as an Read more Challenges facing freight forwarding in international business in 2020.
Introduction A letter of credit is the most important document in international trade. It forms the basis of most of the transactions in world trade. A Read more Eight parties involved in the letter of credit process.