Alert - What Can Go Wrong with a Letter of Credit
Channel: Caputo & Partners AG
Date: 2016-12-21

A letter of credit reduces the risk of a non-payment. A letter of credit is a helpful instrument, but it only works when you do everything in the right way. A minor mistake or the wrong timing can destroy all the advantages of a letter of credit.
This video shows what can go wrong and what you can to prevent a financial disaster.

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Please watch: "(7) How strong is Swiss banking secrecy in 2023? Here is the truth? " 
https://www.youtube.com/watch?v=rs3TB7wFvNg
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