Documentary Credit Workflows
17 June 2019
Author / Speaker

In this presentation, Mr. O'Brien discussed the process involving documentary credits, a payment mechanism in international trade which provides an economic guarantee from a creditworthy bank to an exporter of goods. Also known as letters of credit, these are used in the financing of international trade, where the reliability of contracting parties are not readily and easily determined.

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Topics

  • Industry and Trade
  • Finance
  • Private Sector