WHETHER PAYMENT BY LC IS SAFE FOR THE SELLER? QUESTION Dear Mr. Old Man, I hope this email finds you well. I discovered your blog yesterday and I found it incredibly helpful. I have a couple of questions I’d like to ask, if you don’t mind. It is my understanding that sellers can only lose money on an LC transaction due to their own errors, like presenting the wrong … Read More
Must Documents Show the Issuing Bank’s LC Reference — and What About the Negotiating Bank’s Reference?
Must Documents Show the Issuing Bank’s LC Reference — and What About the Negotiating Bank’s Reference?