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Documentary credits
Documentary Credits enable importers and exporters to mitigate the risks of non-payment and non-performance.
Features and benefits
Documentary credits enable importers and exporters to mitigate the risks of non-payment and non-performance as stipulated in a contract of sale.
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Payment is guaranteed by a bank, provided that all the terms and conditions of the documentary credit are met.
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Terms and conditions facilitate the control of quality, quantity and time of shipment
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