Tag Archives: Letter of Credit

Must-Have Documents For Your Export Import Business Journey

Whenever you’re dealing with any commercial goods, whether you’re bringing them into a country or sending them out, you have to go through a process called customs clearance. In a nutshell, it’s like getting permission from the government to move your stuff in or out of the country. Now, this customs clearance thing involves a… Read More »

For an Importer how safe is Letter of Credit (LOC)

Letter of credit is a safe mode of payment commonly for any business especially in international business also. Letter of credit is been known to be one of the safest payment options for importers in international trade transactions. The reasons why L/C is a very important tool for export-import transactions is primarily due to the… Read More »