Letters of credit - What is a Letter of Credit? How does it work (process flow)?

Discover the fundamentals of Letters of Credit (LCs) in this short learning video, extracted from our course Introduction to Letters of Credit.
We will answer to the What is a Letter of Credit by providing a clear and simple definition before presenting in some details the standard Letter of Credit process, the LC logical flow of information and documents between the main involved parties.
Learn about how a Letter of Credit works in this course extract.

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