A Letter of Credit (LC) is a financial instrument used in international trade to ensure payment security between a buyer and a seller. Sriya Enterprise provides expert advisory services on LC issuance, types of LCs, document requirements, and compliance. Discover how Sriya Enterprise supports businesses in navigating the complexities of LCs, mitigating risks, and facilitating smooth trade transactions globally.
Factor’ has been derived from the Latin word ‘Facere’ which means ‘to make or to do’. According to Webster's Dictionary, ‘Factor’1 is an agent, as a banking or insurance company, engaged in financing the operations of certain companies or in…