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Turning Paper into Power: How to Monetize a Letter of Credit
When it comes to international trade, trust is everything. Buyers and sellers across the globe often work together without ever meeting in person. That’s why they need a secure way to make sure payments are made and goods are delivered. One of the most common tools used to build this trust is a letter of credit. What Is a Letter of Credit? A letter of credit is a written promise from a...
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