Learn how a transferable letter of credit enables a primary beneficiary to transfer credit to others, securing payments for suppliers, and facilitating smoother international trade.

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

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 ...

A goodwill letter is a formal written request asking a creditor to remove a negative mark, like a late payment, from your credit report. Goodwill letters are most effective if your payment history and ...