When it comes to payment terms, both parties feel only a few reliable options exist and out of those the number one preference for all businesses is the Letter of Credit.
Tag: letter of credit
How to Avoid Online Scams and Why Verification Matters
As reports of scams on some trading sites continue to grow, it is natural to be concerned about credibility. Mounting complaints have become so widespread in the case of Alibaba, that its CEO and COO resigned a few years ago, due to a “systemic breakdown in [the] company's culture of integrity.” Based on the results … Continue reading How to Avoid Online Scams and Why Verification Matters