This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Blockchain technology will simplify and expediate the inefficient ...

LC Lite says it is using blockchain technology to simplify and speed up transactions requiring letters of credit. The platform is being launched by the founders of invoice financing platform Incomlend ...

The developing world and its booming Trade activities still remain very keen on traditional instruments such as the Letter of Credit (LC) and will most likely be for years to come. Even in the US, ...

Learn how a transferable letter of credit enables a primary beneficiary to transfer credit to others, securing payments for suppliers, and facilitating smoother international trade.

Nowadays the businessmen take a letter of credit from a bank for export and import. The bank gives them security and charges some amount. Will it be a Riba/interest or commission? Is it permissible or ...

My younger son will be graduating from La Cañada High School in June 2021, about the same time that our existing parcel tax is set to expire. Although by then I will no longer be part of the La Cañada ...