letter of credit international trade

What is a Letter of Credit and How Does It Work ?

As we all know the process of moving goods from one country to another, whether it is export or import, is somehow stressful and complicated for beginners and requires a lot of administrative procedures and documents, one of the most important of those is the letter of credit.

In this article, we will give a detailed explanation of the letter of credit, its role and how to get it.

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