Case Study: Resolving non-payment issues in the textile industry using Letters of Credit, highlighting legal action and arbitration outcomes

Product sourcing is a pivotal aspect of any business that deals with physical goods, influencing the qualiy and availiability.

Unlock growth in Turkey: Leverage our strategic insights to navigate the dynamic market, foster local partnerships, and drive success.

A company withheld shipping documents due to non-payment. Legal action followed, and the buyer was found guilty, issue resolved.

Master payment terms: clear communication, due diligence, currency risks, Incoterms understanding, and working capital optimization.

Creating an irrevocable letter of credit requires mutual agreement, bank selection, and precise document submission for legal compliance.

Embarking on global trade requires mastering financial instruments like Letters of Credit, understanding Incoterms, and Swift.