Letters of Credit demystified

Letters of Credit demystified

6 August 2019 by Graham Card, Erik Timmermans

Banner LL International.PNG

WOA member Graham Card from Corporate Liquidity Partners Limited is since 45 years active as broker and advisor in Factoring, Discounting, Business Loans, Trade Finance, International Trade Training and Advice.

Graham wrote the attached contribution for the WOA Learning Lab on "International Open Account Trade Finance". Even if WOA is by definition focusing on Open Account trade terms, it is important for the community to understand the more traditional trade finance techniques as well. 

In this paper he gives a brief overview of Letters of Credit.

You can contact Graham by email : g.card@corporateliquidity.com

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