more risky as you have a limitated controll on the goods.
Transit is a common way to trade goods, for a bank having more difficulty in selling goods and
recover the money, it is as simple cash advance!
Other comments appreciated
The forum is dedicated to all who deals with LCs. Please share your experiences, problems and opinions with us. You are requested to be confined to LC related issues only. Let us together discover the beauty of Letter of Credit. Thank and regards – admin; besttradesolution.com
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