The growing letter-of-credit business

  • Improper or omitted details in export documents with LC terms
  • Hiring and training cost of trade experts
  • Need to improve operational efficiency in trade process
  • Need to streamline operational standards
  • Improper or omitted details in export documents with LC terms
  • Hiring and training cost of trade experts
  • Need to improve operational efficiency in trade process
  • Need to streamline operational standards
  • Increase business volume by freeing up time of costly resources to handle more-value-added tasks and deploying low-cost skilled labour
  • Maintain quality service standards amid business volume growth
  • Obtain consultancy services of a panel of technical experts
  • Optimise and save operating costs, increasing profitability
  • Reduce time and operating costs while improving efficiency of the trade workflow process
  • Ensure timely presentation of accurate documents, enhancing the efficiency of the LC issuance and document examination processes
  • Leverage our document specialists’ expertise to ensure presentations are compliant and improve cash flow
  • Leverage our MIS expertise at every step of the trade transaction
  • Improve lead time with authorities, banks and agencies
  • Reduce costly delays and non-delivery of goods to importers

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Acuity Knowledge Partners

Acuity Knowledge Partners

We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/