We previously wrote an article about the differences between Cash Against Documents (CAD) and a Letter of Credit (L/C). In the current turbulent geopolitical economic situation, we tend to say that an L/C is the safest choice in many [...]

You've been doing business with a customer in a specific country for years based on a Letter of Credit, and everything runs smoothly. They are satisfied with the products you supply, and you receive payment promptly. So far, so [...]

On Tuesday, December 10, Marloes Wittebroek was a guest in 'De Bedrijfskunde Podcast' by Frans Augustijn. Listen to the podcast below via YouTube or read the full transcript of this podcast. Bold text represents Frans Augustijn's words, [...]

Publication Chamber of Commerce website, August 2022 – www.kvk.nl When importing or exporting goods, various factors create uncertainty. Will I receive my money? Is the product as agreed? With a Letter of Credit, you eliminate practically all uncertainties: buyer [...]

Publication evofenedex globe magazine for international entrepreneurship, April 2021 – www.evofenedex.nl In international business, obtaining payment security is of paramount importance. A Letter of Credit or Cash Against Documents can offer a solution. The risks of non-payment can be [...]

Publication evofenedex globe magazine for international entrepreneurship, December 2015 – www.evofenedex.nl The Letter of Credit is one of the most challenging topics in the export industry. Fortunately, you don't have to be a specialist: you can also outsource working [...]

Publications RegioBusiness website, January 2011 - www.regio-business.nl "The Letter of Credit: a wonderful payment instrument, provided everything is done correctly," says Marloes Wittebroek, owner of Elceco. But what is a Letter of Credit, also known as L/C? When is [...]