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Doctor Credit

I was not paid on a letter of credit because the freight forwarder did not submit the required documents in time. How do I ensure/guarantee that third parties provide me with the documentation I need in a timely manner?

Answer: : The bottom line is this: You Can't!
One of the risks associated with Letters of Credit is the possibility that a third party will not provide required documentation or will not do so in a timely manner.

 
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