Know your customer. Risks for banks and exporters

2018-05-24T14:32:09+00:00August 29th, 2017|

We have just received an interesting call from a frustrated exporting client. The company sells a range of power products to global markets, including the Middle East, Asia and Africa, where letters of credit are often used to secure payment. Letters of credit have for many years been advised to the company through various banks, [...]