Letters of Credit
The primary aim of this instrument is to act as a safety net for both the buyer and seller in the fulfilment of each party’s obligations during a commercial trade. Due to the nature of international transactions, including factors such as distance, differing jurisdictions, language/cultural barriers, etc, the use of letters of credit has become a very important aspect of international trade.
MAY INT has advised over 200k LCs through its platform in countries like India, China, UAE, Singapore, etc.