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Archive for: June, 2007
Olivier Berthier - Moneythor - Singapore | 22/06/2007 | 3277 views | 1 comment
The LC is dead. No, just kidding.
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, arguably one of the most prominent countries in the world in terms of their use of open account business, a recent survey by Bank of America of US manufa...
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