What is LC discounting, and when does it make sense?
How exporters turn a usance letter of credit into cash today, what it costs, and the questions to ask before you discount.
Read · 6 minThe marketplace for discounting letters of credit now runs on its own domain, with branded, secure emails and a new public website.
GIX Credit now runs at gixcredit.com. Exporters can list letters of credit, run the AI document pre-check and receive sealed bids. Financiers can bid within their own rules and limits.
To see the platform with your own LC or financing criteria, use Request a demo on the website.
How exporters turn a usance letter of credit into cash today, what it costs, and the questions to ask before you discount.
Read · 6 minMany first presentations are found discrepant. These are the mistakes that come up again and again, with the UCP 600 rule behind each.
Read · 8 minThe payment term in your LC decides when you get paid. Here is how sight and usance credits differ, and where discounting fits in.
Read · 5 min