BG Short: Letters of Indemnity – Problems Arising from Misdelivery
In this video, we talk about letters of indemnity and the problems arising to a misdelivery risk.
- How does misdelivery risk arise?
- What if misdelivery happens before the BLs are obtained?
- LOIs being used for LC Payments
- Solutions to the LOI problem
Read more on: BG: Letters of Indemnity in International Trade – Misdelivery, fictitious BLs & missing cargo