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Posts Tagged ‘Standby Letters of Credit’

Letters of Credit: Here to stay or gone tomorrow?

Letters of credit are the oldest and most common type of short term trade finance, famously described as the “lifeblood of international commerce,” with some commentators suggesting their use stretches back to 3000 BC. What makes them so successful?

Andrew WilliamsArticles, Credit Insurance, Featured, Fintech, International Trade, Legal, Letters of Credit, Trade Finance

International Payments: Settlement, Risk Mitigation, or Financing?

TFG heard from Trade & Export Finance Specialist, Domenico Del Sorbo on practical aspects of payment instructions in international trade.

Domenico Del SorboArticles, Bonds, Guarantees and Letters of Credit, Credit Insurance, Currency Exposure and Risk Management, ICC, Letters of Credit, Payments, Risk, Structured Terms of Payment, Trade Finance
Standby Letter of Credit

What is a Standby Letter of Credit (SLOC)?

What is a Standby Letters of Credit? A Standby Letter of Credit (SLOC) is seen as a financial guarantee and is used regularly in cross border trades. It is important… read more →

James SinclairArticles, Bonds, Guarantees and Letters of Credit, FAQs, Letters of Credit, SME Finance, Supply Chain Finance, Trade Finance
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