Case study: Letter of Credit Risk Management

Posted on March 04, 2012  by Xixi  in Case Study, Payment Term   8 Comments »
Case study: Letter of Credit Risk Management

? Case 1 Before the outbreak of the Second Gulf War, a Naijing Company sold 2000 tons ethotic plastics (worth 2.18 million USD) to a Singapore company. After the contract was sealed, the seller received the letter of credit from the buyer and then made the delivery according to the article of the contract. What […]