Risk and Processes Around Issuing Letters of Credit
Time: Tuesday, April 2, 2019 - 10:15am to 11:15am
Room: Commodore B
Letters of Credit are efficient tools to provide collateral to ISO’s, counterparties and customers. Posting LC’s can come with unique risks and tracking outstanding LC’s can be tricky. This session will go through the instances when it makes the most sense to post an LC over other forms of collateral and items to note when issuing them. 1 hr CPE – Business Law; 1 hr CE; 1 hr CLE
Gain a deeper understanding of letters of credit and the associated risks.