30 years: Commodity & trade finance
Following on from Aidan's video on the risk ladder, he continues his series on Trade Finance by looking at how the documentary Letter of Credit works and how its role is similar to that of the Documentary Collection.
Following on from Aidan's video on the risk ladder, he continues his series on Trade Finance by looking at how the documentary Letter of Credit works and how its role is similar to that of the Documentary Collection.
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5 mins 52 secs
In this video Aidan continues his series on Trade Finance by looking at how the documentary Letter of Credit works and how its role is similar to that of the Documentary Collection.
Key learning objectives:
Understand how the LC process work
Understand how the documentary collection process work
Identify how banks use bonds and guarantees to manage risk
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.