How Much Does a Letter of Credit Cost?

Letters of credit are used in many international businesses.  A letter of credit is a type of document used to secure payment from buyers.  It is a method used to guarantee that the seller will get paid and that the buyer gets a shipment. Letters of credit are suitable for those who take part in export transactions and want to reduce the risks that likely occur in international trade.

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Average Reported Cost: $0

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Less Expensive $1 $1.5K $3K $5K $6.5K More Expensive $8k

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