Transferable Letters of Credit for Export Financing
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Deadline: February 14, 2019 | Date: February 14, 2019
Venue/Country: U.S.A
Updated: 2019-01-16 02:56:16 (GMT+9)
Call For Papers - CFP
Companies that export products internationally can use Transferable Documentary Letters of Credit to finance the purchase of goods for shipment. The exporting company (1st beneficiary) of a letter of credit can “transfer” all or a portion of the credit to a second party or supplier (2nd beneficiary) for the purchase of goods and services. When the supplier ships the goods, the negotiating bank can replace the 2st beneficiary’s invoice with the 1st beneficiary’s invoice for the full value of the letter of credit.Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
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