Recorded Webinar: The Letter of Credit Transaction

This webinar talks about using Commercial Letters of Credit and how to comply with letter of credit requirements to help reduce discrepancies and ensure payment.

Webinar participants will learn about:

  • The methods of international payment
  • The role of the ICC & UCP 600
  • What is a Letter of Credit, and why buyers and sellers use them (or not)
  • The parties to the Letter of Credit
  • Terminology and basic procedures
  • Documents evidencing performance (or not)
  • Example of “SWIFT” Letter of Credit
  • There will also be a Q & A session with Dennis Lynch, our featured presenter