Method of International Payments & LC's: Series- 10

When it comes to international trade, one of the foremost considerations revolves around how you will receive payment for your exported goods. While insisting on upfront cash payment may eliminate the risk of non-payment, it can also limit your pool of potential customers and create cash flow challenges for buyers.

Moving forward, I will take the time to explain each term individually. I kindly request that you stay with us for the entire session and pay close attention.

If you're interested in learning more about what a Letter of Credit is, getting some expert tips for exporters, understanding how to obtain one, and the entire process involved, feel free to contact us at AECCI. If you're already a member of AECCI, you can also schedule an appointment with us by sending an email to [email protected]. We're here to help and provide you with the information you need!

If you're an exporter considering the use of a Letter of Credit and you're seeking assistance with the entire process, you can get in touch with our Diamond Sponsor company, Excellency Legalisation Service Private Limited. You can reach them at [email protected]. They specialize in helping exporters like you navigate the Letter of Credit process.