LC Lite
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LC Lite Details
LC LITE comes as an alternative to the mechanism of a Letter of Credit ("LC"), at present used worldwide by Buyers and Suppliers to confirm the trades (provide documentary proof of goods' expedition) and guarantee payments in advance.The LC Lite platform enables trade parties (Importers, Exporters) to collaborate, exchange and validate documents, track and secure global transactions in one digital space. The platform allows to digitally validate trade terms and self-execute payments between trading parties, replacing traditional banking Letters of Credit and the underlying SWIFT messaging.
LC Lite Technologies
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