



What is the process of presenting documents under an LC? What is the negotiation of documents under an LC?
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what is lc Informational
- What is a standby LC? What is a revocable LC?
- What are the reporting requirements related to social and environmental aspects of trade finance?
- How can SMEs benefit from using LCs? What are the challenges faced by SMEs in using LCs?
- What are the social impacts of using LCs in developing countries? How can capacity building initiatives promote the use of LCs in emerging markets?
- What are the common reasons for LC refusals by banks?
- What happens after the LC expires and documents are presented?
- What is the principle of strict compliance in LCs? How is the authenticity of LC documents verified?
- What are the benefits of automating LC processes? What are the different software solutions available for managing LC transactions?
- What are the insurance options available to protect against losses in LC transactions? How can businesses effectively manage foreign exchange risk in LC transactions?
- What is the role of the advising bank in an LC? What is the role of the confirming bank in an LC?
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