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What Is a Letter of Credit and How Does It Work in International Business?

What Is a Letter of Credit and How Does It Work in International Business?

May 21, 2025 Category: Blog

In global business transactions that span across countries, involve different currencies, and follow varying legal systems, security is a key concern for both parties. At this stage, a Letter of Credit (LC) is used to ensure that all terms are met by both sides. If you're unfamiliar with LCs or want to learn more, you're in the right place. What i

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