Type of Letter of Credit
This post focuses on some type of letter of credit. Have you ever had a challenge differentiating between each type of letter of credit? In a recent article, we discussed 5 common payment methods there are in international trade, one of which is the Letter of Credit. And in the later post, you find what […]
The Importance of a Telex Release
Have you ever heard the term ‘Telex Release’ or maybe ‘Bill of Lading‘? In international trade, there are thousands of shipping terms circulating within the shipping industry. One of the terms you’d probably come across is a ‘Telex Release’ but that’s if you have been in International Trade for a while, isn’t it? In this post, […]