Monday, January 18, 2010

Insurance Letter Of Credit How Does Trade Credit Insurance Work?

How does Trade Credit Insurance Work? - insurance letter of credit

Our customers in the U.S. surprised if the company is offering in Hong Kong Credit Insurance (TCI). I do not know what they mean and how it works. Can someone tell me how? Is this the same as the letter of credit (LC)? What should we do for them?
Thank u

1 comment:

mbrcatz said...

Not at all.

This is insurance that a debt paid, if you borrow money in order to take account of a seller or selling products and not pay the bill.

If you do not know what it is, then it is not able to offer. Talk to your agent.

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