Risk and Processes Around Issuing Letters of Credit

Time: Tuesday, April 2, 2019 - 10:15am to 11:15am
Level: Beginner/Intermediate
Room: Commodore B

About

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

Objectives

  • Gain a deeper understanding of letters of credit and the associated risks.