According to a recent announcement by the Office for National Statistics (ONS) the UK are doing really well in manufacturing industry. Most people assume that the UKs reliability for manufacturing… read more →
Bank Guarantee vs Letter of Credit Letters of Credit reduce the risks of not getting paid after the product has been delivered An LC is a promise by a financial… read more →
Where all documents are to be marked drawn under LC number 123 dated 01.01.2015 and the documents presented mentions ‘LC number 123 dated 01.01.2015.’ How is clause 47A applied? This… read more →