There are a variety of factors that impact the cost of letters of credit from commercial banks and Export Credit Insurance from EXIM. In comparing these two alternatives, U.S. exporters should underst...
Letters of credit are commonly-used payment instruments. They can either be confirmed or unconfirmed, and this decision impacts the level of nonpayment risk and amount of bank fees incurred by the U.S...
U.S. exporters who are new to exporting should understand all of their available payment instrument options, and expanding upon the Letters of Credit and How They're Used blog post are methods to rece...
