Positively Impacting Humanity by Educating, Advising and Representing World Changemakers.

What is a Letter of Credit?

What is a Letter of Credit? Use of Letters of Credit, reduce the exposure to risk inherent in international business transactions, when certain methods of payment are implemented. The Letter of Credit is the means by which parties may reduce risk in international transactions.  With a Letter of Credit a seller of goods assures that the […]