Q1: Am I allowed to change the bill of lading number on a switch bill of lading? A1: No, you cannot change the bill of lading number on a switch bill of lading. The switch bill of lading is issued to substitute the original bill of lading and serves as evidence of the contract of …
Importance of Letter of Credit: It is a form of trade finance known as a Letter of Credit financing provides Importers with short-term cash so that they may make payments to their suppliers for the products or services they have purchased. Banks often provide this kind of financing, and it operates by utilizing the Importer’s Letter …
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