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Commodities|FAQs|Videos|Case Studies

LC Providers

LC Terms and Conditions – LC MT700 – LC Providers

Documentary LC Terms and Conditions

Documentary Letters of Credit have been used for centuries to facilitate payment in global trade dealing. Further, ICC – UCP rules for Documentary Credits govern LC Terms and Conditions. Also,...
How Letters of Credit Work - LC MT700 - Letter of Credit Providers

How Letters of Credit Work?

Letter of Credit, a written undertaking issued by a bank, on behalf of its client, i.e. an importer or a buyer. This acts as a promise from a bank to...
Difference between LC and SBLC

Difference between LC and SBLC: Letter of Credit vs Standby Letter of Credit

Do you want to know the difference between LC and SBLC? Of course, both are the most popular financial instruments used in international trade transactions. Also, it helps traders to...
feature-lcmt700

A Japan Scrap Trader Required LC MT700 to Import Millberry Copper from a UK Supplier

Millberry Copper comes with high thermal and electrical conductivity and also it can be recycled 100% without any quality loss.  Mostly, this type of copper scraps is used in the...
LC Opening - How to Open LC - Document Required for LC

What are the Documents Required for LC Opening?

Looking to avail Letter of Credit to facilitate your global trade? But, not sure, where to start? Also, don’t have an idea of what documents required for LC opening? Indeed,...
Trade Finance Services Provider

How Traders Can Benefit from Our Trade Finance Facilities?

Trade Finance includes a wide range of financial tools – Letter of Credit or Standby LC. Further, these trade finance facilities help importers and exporters to secure their domestic and...
Letter of Credit vs Bank Guarantee - MT700 - MT760

Major Difference between Letter Of Credit Vs Bank Guarantee

You can find few similarities between Letter of Credit vs Bank Guarantee. But actually, both MT700 & MT760 serve different purposes by acting as separate Bank Instruments.
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