Which Is A Better Choice - A Letter Of Credit Or Bank Guarantee

Letters of Credit and Bank Guarantees are the two most commonly used trade finance instruments in an international trade deal. Both are issued by a bank or legal financial institution to mitigate the payment risks between the parties as well as to safeguard the parties’ interests.

Read more: https://www.axioscreditbank.com/blogs/which-is-a-better-choice-a-letter-of-credit-or-bank-guarantee

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International Letter Of Credit Service Provider

A letter of credit has a vital role in reducing the payment risks for exporters as well as ensuring on-time delivery of ordered goods for importers in international trade transactions as per the mentioned terms in the LC agreement.

Visit us: https://www.axioscreditbank.com/letter-of-credit

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