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The Use Of Documentary Credit For Imports And Exports
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How to finance imports? How an exporter can be assured of payment of the goods shipped? Among the different processes that exist, the documentary credit is one that effectively protects importer and exporter.
Apart from the documentary collection as a means of payment and not a means of financing, companies can finance their imports by documentary credit, the advances in foreign currency bonds and customs.
To remove the merchandise, the impor...
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