LC DISCOUNTING The process of discounting an LC What type of LC can be discounted.Only Usance LC can be discounted. The process of discounting an LC is as follows.
STANDBY LETTER OF CREDIT IN GHANA A standby letter of credit in Ghana is a financial instrument that is issued by a bank on behalf of a borrower to guarantee payment…
TRADE FINANCE FOR BUSINESS STRATEGY CREATION Trade finance for business is a financing method that helps businesses to conduct international trade transactions. It involves the use of financial instruments, such as…
