Tag Archives: trade finance

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Letter of Credit and Trade Finance timelines

A reader asked me a question about letter of credit and trade finance timelines..

With a letter of credit. What sort of timings are usually connected to when the payment between banks occurs? Does the shipment sail prior to the LC being satisfied?

This is actually is a very good question – and the answer usually is: “it depends..” Kim Sindberg provides below comprehensive response on what it actually depends on and the relevant rules applicable..

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10 best countries to export from

The business of trading, exporting, importing, moving cargo across borders, closing all-important deals and dealing with customers around the world is becoming the norm as globalisation is making the world smaller and smaller..

This also means that understanding local markets, realising the potential of growing markets and quickly operating in these hidden gems is of vital importance to open up doors and opportunities which give your business the edge over your competitors..

For this you need the right information about the country, its products and any peculiarities of that market..

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