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Letters Of credit, Documentary Collections And exchange Finance

A letter of credit is a economic tool used to comfy charge to a targeted birthday party on production of exact documents that evidence the shipment of products. Letters of credit are generally required with the aid of foreign places … Continue reading

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The Hidden Costs of Computerizing Credit and Collection Departments

Most credit departments in America today have become computerized. The credit analysts and collection specialists have been replaced by customer service representatives. The receptionist has been replaced by an obnoxious sounding electronic voice. All these changes have come at a … Continue reading

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