In the world of International trade few things are more misunderstood than the Letter of Credit, Standby Letter of Credit and Bank Guarantee. Here is a forum to ask your questions, to share your experiences and knowledge, and hopefully to make new contacts.
This forum is open to anybody who wants to join. Usual forum etiquette is expected – anybody who is being insulting, aggressive or vulgar will be banned. While it is perfectly alright to have different opinions, and to argue your case, there is no value to anybody from insults.
To paraphrase a joke, “Arguing on the internet is like competing in the Idiot Olympics. Even if you win, you’re still an idiot.”