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How to create an irrevocable Letter of Credit
Creating irrevocable LC involves agreement, bank selection, and precise document submission. Expert advice is crucial for legal compliance.
Mutlu AKGÜN
Jan 31, 20242 min read


Unlocking the Secrets of International Trade: A Guide to Key Terms and Financial Instruments
International trade terms, from letters of credit to IncoTerms, explained. Learn key concepts for smooth cross-border transactions.
Mutlu AKGÜN
Jan 12, 20246 min read


Understanding Consignment in Business: A Win-Win Arrangement
In the dynamic world of commerce, businesses explore innovative strategies like consignment in international trade.
Mutlu AKGÜN
Jan 9, 20242 min read
Understanding the Dynamics of Documentary Collection in Accordance with Letter of Credit (L/C)
Unlocking the Secrets of Documentary Collection in International Trade: A Comprehensive Overview of Processes, Components, and Consideration
Mutlu AKGÜN
Jan 3, 20244 min read


Exploring Lesser-Known Payment Terms in International Trade
Introduction In the dynamic landscape of international trade, businesses engage in a myriad of transactions, each with its unique set of...
Mutlu AKGÜN
Dec 28, 20233 min read


Types of Letter of Credit
Introduction There are several types of letters of credit (LC) that can be used in international trade transactions. The choice of the...
Mutlu AKGÜN
Dec 27, 20232 min read


Creating CAD Process-Documents in International Trade
In international trade, orchestrating a smooth Cash Against Documents (CAD) transaction demands precision in document creation and scrutiny.
Mutlu AKGÜN
Dec 22, 20232 min read


Common Mistakes in International Trade and How to Avoid Them
International trade demands thorough research, legal compliance, currency risk management, effective communication, and cultural awareness.
Mutlu AKGÜN
Nov 29, 20232 min read


Mastering International Markets: The Crucial Role of Market Research in Export Success
n global trade, market research is the compass for success, guiding understanding of demand, competition, regulations, and culture.
Mutlu AKGÜN
Nov 24, 20232 min read


Navigating Global Markets: A Comprehensive Guide to Effective Export Procedures and Risk Management
Navigate global markets with precision. From market research to risk management, these guidelines ensure success in international trade.
Mutlu AKGÜN
Nov 24, 20234 min read


The Pivotal Role of International Trade in Global Advancement and Collaboration
International trade: A dynamic force fueling global growth, innovation, resource efficiency, job creation, and diplomatic collaboration.
Mutlu AKGÜN
Nov 21, 20233 min read


Understanding Cash Against Documents (CAD) and Its Risks in International Trade
Cash Against Documents (CAD) is a method with pros and cons. Understand risks and consider alternatives for secure transactions.
Mutlu AKGÜN
Nov 15, 20233 min read
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