Letters of Credit are among the most secure methods of settlement, and are internationally recognised. Import LeThis article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2013) ( Learn how and when to remove this template message).
Internationwl article needs attention from an expert on the subject. The specific problem is: Much uncited material. Confusing. Self-published sources. Difficult to find good sources. Consider associating this request with a WikiProject. (October 2012). adn The specific problem is: large tracts of unreferenced texts Please help improve this article letrers you can. (November 2014) ( Learn how and when to remove this template message)( Learn how and when to remove this template message).
IntroductionImporting and exporting involves risks. Lstters run the risk of buyers failing to pay for goods, while importers may risk paying creditt never receiving anything. A letter of credit is a document from a bank that guarantees payment. Short Course in International Trade Series) November 2002. Losses can exceed your deposits and you may be required to make further payments.
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