Reports and general information on letters of credit and international trade transactions through ecommerce.


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Corporate Funding Partners

Provider of professional management of the letters of credit process to importers.




CPA Journal: Tax Consequences of Letters of Credit

Analysis of the tax implications when using a letter of credit for international trade in the December 1999 edition.




Import Export Internet Advertising

Services providing letter of credit financing loans for importers and exporters.




Mantissa

UK company providing information and training on letters of credit and trade finance.




Tips & Advice to help you make your decision on International Letters of Credit

Although in use for centuries, the application of international letters of credit (LCs) is certain to be on the rise given today's expanding global economy. Utilized in a variety of large commercial transactions, they serve primarily as the monetary replacement in an international exchange of goods or services.

An issuing bank, of which the purchaser is a client, issues payment on behalf of the purchaser, while the advising bank operates on behalf of the receiver (the seller) who provided the goods or services purchased, and receives the money.

The international letter of credit specifies the documentation required at time of payment to substantiate that the goods were ... more


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