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Standby letters of credit for foreign trade

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Posted by Paul Woods on May 16, 2009 at 16:49:07:

Letters of Credit
A letter of credit is a binding document that an importer can request in order to guarantee payment to the seller for goods or services supplied. In order for the payment to occur, the seller has to present the necessary shipping and other documents confirming the delivery of goods/services within a given time frame. It is often used in international trade to eliminate risks such as the bankruptcy of the importer or foreign political or economic instability. Call or email today!

Paul Woods, President
Lead Factoring Consultant
Atlas International Funding.com
Pwoods4576@aol.com
Office:1-(716)893-4408
Toll Free 1-(888)-222-0187
Fax: 1-866-929-0417


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