|Unit 4.9-Electronic Communications|
Unit 4.9-Electronic Communications
Having agreed to use a letter of credit for payment in an international transaction, an international manager needs to understand how to use electronic communications for transmission of the letter of credit itself as well as the associated documentation. In addition it is essential to understand the guidelines that have been established for electronic communications and any affect this may have on smooth flow of documentation and payment.
- Communication and Technology
- Communicating Methods of Payment and Fund Remittance
- Communication Guidelines and Standards
Correlation: Materials from this unit correlate with NASBITE CGCP's Knowledge Statement 04/04/09: Knowledge of communication of letters of credit, collections, and associated documents electronically via the Internet (e.g., eUCP, SWIFT)