(Solved):International Trade: What are possible fraud scenarios to watch out for in case of letter of…

 

Question

International Trade: What are possible fraud scenarios to watch out for in case of letter of credit based payment for imports from China?

 

EXPERT ANSWER

In international trade fraud scenarios tend to appear a lot if one is not strict enough in securing the package to be transported. Some fraud scenarios to watch out for in case of a letter of credit based payment for imports from China are; money laundering –

Scroll to top