Additional Information on Letter of Credit: A letter of Credit is an official document that is typically issued by the importer’s bank, but is only secure if you, as the exporter, meet all of its strict conditions and deadlines. Worryingly, over 75% of UK exporters who do their own Letter of Credit paperwork experience problems getting paid due to incorrect paperwork. Export Collection: What is Export Collection? Export Collection is payment method frequently used in international trade. This type of transaction is also known as Cash Against Documents (CAD), D/P for payments at sight or D/A – Documents against Acceptance, in simple terms it is where payment is due at a future date. How we can help. We are leaders in Export documentation preparation and can take the hassle out of your Letters of Credit for your business. Our team of experienced staff will use their strong relationships with all the major global banks to ensure that you receive payment on time for your exports. We d...
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