REVOLVING VS EVERGREEN LC: IMPORTANT VARIATIONS AND WHEN TO IMPLEMENT EACH FOR EXTENSIVE-TERM CONTRACTS

Main Heading SubtopicsH1: Revolving vs Evergreen LC: Crucial Variations and When to employ Every for Prolonged-Time period Contracts -H2: Introduction to Letters of Credit history in Long-Term Trade - Why LCs Are Employed in Prolonged Agreements- The Purpose of Predictability in Source ContractsH2: Exactly what is a Revolving Letter of Credit histo