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Advantages and disadvantages of letters of credit?
The main advantages and disadvantages of letters of credit.
Types of letter of credit
The main types of letters of credit and their key features
Manage foreign exchange risk for imports
Protection against changing exchange rates.
Manage country risk for imports
Different cultures, regulations, languages and other country risks for importers.
Assess the reliability of overseas suppliers
Managing supplier risk for imports.
Ensure imported goods meet your requirements
Ensuring imports meet UK legal requirements and customer demand.
Avoid payment problems with imports
Import payment methods and financial planning.