![LETTER OF CREDIT ( DLC / LC) PROVIDER LETTER OF CREDIT ( DLC / LC) PROVIDER](https://handywaregroup.com/wp-content/uploads/2025/01/FCL-9-2-scaled.jpg)
LETTER OF CREDIT ( DLC / LC) PROVIDER
In summary, a Letter of Credit (DLC) is a highly secure financial tool in international trade that mitigates risks for both buyers and sellers. It ensures that payments are made only when specific conditions are met, protecting the interests of both parties in the transaction.