Payment & Security

Information on preventing fraud, building relationships, negotiating deals, as well as tips for safe trading.

Editors: bmpc

TT (Telegraphic Transfer), DP bill etc. vs. LC (Letter of Credit)

BACK TO BACK LETTERS OF CREDIT

by Catalyst on Jul 11, 2007

The original LC and the one issued against it are independent. See how it works.
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Using a pro forma invoice will help to increase your profits

Subject
Am I an agent or a distributor? Author: Resources on Jan 10, 2006 19:16 Clarification on the definitions of agent and distributor.
Transferable versus non-transferable letter of credit Author: Resources on Jan 10, 2006 19:09 Transferable and non-transferable: what's the difference?
Fraud disguised as legitimate company products Author: Resources on Dec 02, 2005 01:48 Tips on identifying fraud.
Avoiding Trade Fraud Author: Resources on Dec 02, 2005 01:32 Identifying and combating trade fraud.
Important tips to identify fraudulent traders Author: Resources on Dec 02, 2005 01:28 List of links to member suggestions for avoiding fraudsters.
Fraud favorites: what scammers say they sell Author: Resources on Dec 02, 2005 01:24 The most common scams out there.
Payment fraud Author: Resources on Dec 02, 2005 01:22 Scams by payment method, including TT, escrow and L/C.
Trader Fraud Author: Resources on Dec 02, 2005 01:20 Fraud by individuals posing as legitimate traders.
Letters of credit Author: Resources on Nov 22, 2005 21:26 Comprehensive information on L/C for both importers and exporters.
Who is Coface? Author: Resources on Nov 15, 2005 19:32 Introduction to Coface's many business lines.

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