{"id":983,"date":"2022-05-12T01:36:14","date_gmt":"2022-05-12T01:36:14","guid":{"rendered":"https:\/\/transbank.mn\/wp\/?p=983"},"modified":"2022-05-17T05:57:42","modified_gmt":"2022-05-17T05:57:42","slug":"advantages-6","status":"publish","type":"post","link":"https:\/\/transbank.mn\/wp\/en\/advantages-6\/","title":{"rendered":"Key advantages for exporters"},"content":{"rendered":"<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce the risks of international trade across different countries<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Lower cost\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The exporter will be able to secure payment of the goods by providing the documents that meet the terms and conditions as specified in the letter of credit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduces production risk, if the importer terminates or changes their order<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The exporter can obtain pre-financing from the bank after the goods are shipped until they receive payment (subject to post-payment terms) from the importer\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0The definite payment date allows the exporter to manage its cash flow effectively<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Upon presentation of documents that comply with the terms of condition under the LC,\u00a0 the importer will not be able to refuse the payment of the underlying goods<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Reduce the risks of international trade across different countries Lower cost\u00a0 The exporter will be able to secure payment of the goods by providing the documents that meet the terms and conditions as specified in the letter of credit. Reduces production risk, if the importer terminates or changes their order The exporter can obtain pre-financing [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[210],"tags":[],"class_list":["post-983","post","type-post","status-publish","format-standard","hentry","category-letter-of-credit"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/posts\/983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/comments?post=983"}],"version-history":[{"count":2,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/posts\/983\/revisions"}],"predecessor-version":[{"id":2318,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/posts\/983\/revisions\/2318"}],"wp:attachment":[{"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/media?parent=983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/categories?post=983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transbank.mn\/wp\/en\/wp-json\/wp\/v2\/tags?post=983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}