Learn how a transferable letter of credit enables a primary beneficiary to transfer credit to others, securing payments for ...

Learn how irrevocable letters of credit (ILOC) secure payments in international trade, explore their uses, types, and benefits for involved parties.

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Renaissancere Holdings ( ($RNR) ) just unveiled an announcement. On December 22, 2025, Citibank Europe and several ...

Progress towards digital letters of credit has been so slow. Partly this is due to the requirement for writing and endorsement of bills of lading and bills of exchange found in 19th-century ...