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How does an import letter of credit work in international trade transactions?
In a very breif and precise wording, Letter of credit is mitigating the risk of all parts concern and sharing in the letter of credit i.e. the exporter, the importer, the ... See More
The Treasury function’s main responsibilities have revolved around protecting a company’s liquid assets and helping Finance perform its core functions effectively. In rec ... See More
Anti Money Laundering is against any Banking and social ethics . The very purpose of AML is for doing or funding anti social activities, which is to be stopped. So AML sh ... See More
The very meaning of treasury is dealing with huge funds. Its important to keep a track of the incoming and outgoing funds, their source and their destination. Hence, AML ... See More
very Important without this we cant rune the show
The first thing to understand about Letters of Credit is that there are many different variations that have been crafted over the years to meet the requirements of Buyers ... See More