question archive What is the difference between documentary collection and letter of credit? What are the risks associated with documentary collection and letter of credit? Why an exporter or importer would prefer one over another?

What is the difference between documentary collection and letter of credit? What are the risks associated with documentary collection and letter of credit? Why an exporter or importer would prefer one over another?

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What is the difference between documentary collection and letter of credit? What are the risks associated with documentary collection and letter of credit? Why an exporter or importer would prefer one over another?

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