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The Fundamental Principles of Documentary Credits: Autonomy, Strict Compliance & Standard Banking Practice In international trade finance, rules matter. But principles matter more. Behind every documentary credit lies a powerful…
Parties to a Documentary Credit & Their Responsibilities: Who Does What — and Why It Matters In documentary credit operations, mistakes rarely occur because rules are unknown. They occur because…
CDCS Master Series – Article 2 International trade does not start with a Letter of Credit. It starts much earlier — with a sales contract quietly signed between a buyer…
CDCS Master Series – Article 1 1. Why Trade Finance Exists International trade appears simple: a seller exports goods, a buyer pays money. In reality, this simple exchange is filled…