Trade & Logistics Compliance 2012 - Letter of Credit Terms and Conditions

This 90-minute webinar will help exporters and importers understand Letter of Credit terms and conditions that go into structuring a transaction for successful payment and receipt of goods.

Companies that export and import products can use Documentary Letters of Credit to purchase and sell goods globally. Letters of Credit are the primary instruments for assuring payment of goods sold internationally. Letters of Credit are issued under the Uniform Customs and Practice standard and can be negotiated by over 30,000 banks worldwide. Understanding the proper terms and conditions that make up a Letter of Credit will assist in its reliable payment.