Shipments to Libya require special Certificate

Due to fraudulent practices identified by the Libyan authorities, and to protect the transfer of hard currencies from Libya, the Central Bank of Libya issued Resolution 96 on 30th April Read more…

Changes to ISO 9001 are coming.

ISO 9001 is a International Standards Quality Management System, part of the list of standards run by the International Organisation for Standardisation (ISO).  Anyone holding this standard in their organisation Read more…

Availability and Presentation with Letters of Credit

Article 6 of UCP 600 deals with the subject of availability and place for presentation for Letters of Credit. Availability has two meanings. The first requires the Issuing Bank to Read more…

Presenting documents under Letters of Credit

A common mistake by inexperienced exporters using Letters of Credit, is to present the documents required to the wrong branch of the bank, or even the wrong bank. It must Read more…

Types and Uses of Letters of Credit

There are various types of Letters of Credit/Documentary Credits which have, over time, been developed to satisfy certain needs of the Buyer and Seller.  Each type of Credit carries primary Read more…