

What is the role of the applicant in an LC? What are the different types of LCs?
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what is lc Informational
- How do LCs facilitate trust in international trade? What is the role of credit insurance in conjunction with LCs?
- What is the relationship between the underlying contract and the LC? Can the terms of the underlying contract override the terms of the LC?
- What is the role of the beneficiary in an LC?
- What are the specific types of LCs used in different industries?
- How are LCs used in the aviation industry?
- What happens after the LC expires and documents are presented?
- What is the reimbursement process in an LC?
- What are the reporting requirements related to social and environmental aspects of trade finance?
- How can businesses improve communication with banks and other parties involved in LC transactions?
- How can SMEs benefit from using LCs? What are the challenges faced by SMEs in using LCs?
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