Understanding Letters of Credit

Q.  Over the years it seems that Banks in the UK have to some extent lost their appetite to act on their nomination and truly "negotia...

Some important changes appear to be taking place regarding banks in the UK adding their confirmation to Letters of Credit issued by ove...

The failure rate of first presentations of documents by exporters under Letters of Credits continues to be high, with banks quoting the...

Q.   As beneficiaries of a Letter of Credit, we have recently had a set of documents returned by the advising bank in the UK stating tha...

During the past 2 - 3 years we have seen a huge increase in demand for training in all areas of export, particularly on 'hot topics'...

How much is your company paying for export Letters of Credit ? A large UK based manufacturer exporting globally receives approximately 20...