why we need comfort letter from buyer

Comfort letter or BCL (bank comfort letter) is a document prepared by an accounting firm assuring the financial soundness or backing of a company.BCL is a written assurance by a subsidiary's parent company or...
letter of intent

LETTER OF REQUEST

to replay to the request of many trader we decided to publish the full text of the "LETTER OF REQUEST" and procedure that we use in our oil deals: COMPANY LETTER HEAD FULL ADDRESS AND CONTACT...

International trade

International trade is exchange of capital, goods, and services across international borders or territories. In most countries, it represents a significant share of gross domestic product . While international...
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...