How Payment by Documentary Credit in International Commerce Works

How Payment by Documentary Credit in International Commerce Works?

In the realm of international trade and finance, the use of letters of credit (LC) is common practice. A letter of credit provides a secure payment method for parties involved in cross-border transactions, ensuring that both the buyer and seller are protected. Given the intricate nature of LC transactions and the potential risks involved, the … Read More

Banking and Finance Dispute Lawyer in Vietnam

Vietnam State Bank Guides Intermediary Payment Services under Circular 23

In recent years, digital wallet have been a trend in fintech because of the competitive development from the foreign investors to banks in Vietnam or of large technology companies and corporations which are also gradually entering the financial technology market to challenge the conventional banking in Vietnam. In a nutshell, digital wallet, also known as … Read More

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