how does letter of credit work

Transferable Credits Rules

article 38 1. A bank is under no obligation to transfer a credit except to the extent and in the manner expressly consented to by that bank. 2. For the purpose of this article: Transferable credit means a...

How I normally do to identify scammers

This is how I normally do to identify scammers, with this; you should be ok for quite some time. First :of all, I do Google search with the name of the company and the word scam. Normally, there should be...
Odessa port Ukraine

Incoterms and Shipping Abbreviations

Here is a list of most commonly used shipping abbreviations and Incoterms 2000: A/W : All Water ANER : Asia North America Eastbound Rate AWB : Air Waybill B/L : Bill of Lading B/R : Buying Rate BAF :...

Making Your First Trade

A Step by Step Guide to Your First Trade Once you haven't any basic knowledge of day trading, and you didn't gathered any tools, with this blog you will be ready to make your first trade. This blog will...
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Our project

Before starting any trade, it is very important to be familiar with some market basics, some banking procedure and type of payment. Like many, when I began trading I didn't take enough time learning the...