RED CLAUSE LC EXPLAINED: TIPS ON HOW TO SAFE ADVANCE PAYMENT IN ADVANCE OF DELIVERY BY MT700

Major Heading SubtopicsH1: Red Clause LC Explained: How to Safe Progress Payment Right before Delivery Via MT700 -H2: Introduction to Purple Clause Letters of Credit - Origin on the Term- Position in Pre-Cargo Financing- Relevance in Present day TradeH2: What's a Purple Clause LC? - Definition- Crucial Properties- How It Differs from Normal LCsH2: