Are Your Transport Documents Late Again?

2017-03-19T09:07:58+00:00 February 29th, 2016|

The failure rate of first presentations of documents by exporters under letters of credit continues to be high, with banks quoting these rates at between 60% and 80%. The reasons for these high levels are varied but will include the failure of the beneficiary to initially check the terms of the letter of credit to [...]