BG Short: Why Are BLs An Important Security?

Why are BLs a critical document in your security package in trade finance (and more importantly), how do you keep it that way?

 

Insights

Indifference to the Truth: Does a Beneficiary’s Reckless Presentation under LCs amount to Fraud?
Navigating US sanctions in Singapore – Part 1: Bank Payments under Letters of Credit
Detecting Trade Fraud: Tunnel Vision, Blind Spots and Human Biases