Eliminate the frustration from Letter of Credit processing.
Letters of Credit are a great way to reduce risk, but they have strict and complex document requirements and are highly susceptible to errors. An estimated 70% of all Letters of Credit submitted to banks for payment are initially rejected due to incorrectly issued documentation, causing delays that can harm your business relationships.
CDC TradeBeam can help you manage the documentation lifecycle of Export Letters of Credit, including document preparation, submission, and tracking to eliminate opportunities for error and reduce your costs.
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