Trade Finance – Letter of Credit in UAE Context – STA Law Firm – Corporate Law Firm in Middle East, Asia and Europe | Lawyers in Dubai and UAE

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Trade Finance – Letter of Credit in UAE Context

A documentary credit or letter of credit is usually used to finance international trade. Judges have referred to documentary credits as the “life blood” of international commerce. Most documentary credits in international transactions are governed by the International Chamber of Commerce (ICC) Uniform Custom and Practice for Documentary Credit 500 and 600.

https://www.stalawfirm.com/en/blogs/view/trade-finance-letter-of-credit-in-uae-context.html

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