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Introduction One of the most effective tools for risk mitigation is the Letter of Credit (LC). This financial instrument offers a safety net for both buyers and sellers, reducing the risks associated with international transactions. This blog explores how letters of credit help in mitigating risks, their various types, and best practices for leveraging them …

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Introduction Letter of Credit (LC) is a critical financial instrument that facilitates transactions by providing security and assurance to both buyers and sellers. Understanding the process of issuing and confirming a letter of credit is essential for businesses engaged in global trade, as it ensures smooth and secure transactions. This blog will walk you through …

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