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Posts Tagged ‘Import LCs’

BREAKING: COVID-19 increases trade finance SME default rates in 2020, ICC Trade Register suggests

The ICC has published its 2019 and 2020 interim findings from its Trade Register on the performance of short-term trade and supply chain finance assets.

Deepesh PatelFeatured, For Exporters, For Importers, ICC, Letters of Credit, News, Risk, Trade Finance

How Asia can lead a new era of trade growth for Saudi Arabia

With Vision 2030, Saudi Arabia has embarked on the boldest model of economic and social reform anywhere in the world. TFG spoke to SABB about this transformation in raising the Kingdom’s non-oil trade from 16% to 50% of GDP.

David DewArticles, China, China, For Exporters, oil, Saudi Arabia, Trade Finance, Trade Finance Talks
Definition of Usance or Deferred Letter of Credit (LC Guide)

What is the difference between a Bank Guarantee and a Letter of Credit?

What is the difference between a Bank Guarantee and a Letter of Credit? Bank Guarantees and Letters of Credit (LCs) are used in trade to carry out international transactions. LCs… read more →

James SinclairArticles, Bonds, Guarantees and Letters of Credit, Credit Insurance, Currency Exposure and Risk Management, FAQs, Letters of Credit, Structured Terms of Payment
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