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What is the impact of establishing an Escrow department in banks for international trading transactions?

do you prefer LC for international trading or other payment methods 

International Business Economics Banking
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Question added by zoulikha Ben KaaKaa , cosultant and sales manager , infiniti trading company ltd(hk)
Date Posted: 2016/04/27
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Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

In a very brief wording,

Establishing or initiating an escrow department in banks for international trading transactions will definitely mitigate risks for these type of transactions. 

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