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Siddhi Parekh

Finance Manager at Drip Capital

Other Articles by Siddhi Parekh

19 December 2022

Bill Of Exchange | Meaning, Format & Types

A bill of exchange is a document or a legally binding agreement negotiable instrument binding one party (buyer) to pay a fixed amount on demand or at a predetermined date to another party.

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Articles on Shipping Documents

05 September 2022

What is Letter of Indemnity | Meaning, Process, Template & More

A letter of indemnity (LOI) is a contractual document guaranteeing that specific provisions will be met between two parties in the event of a mishap leading to financial loss or damage to goods.

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Articles on Shipping Documents

01 September 2022

What Is An Inspection Certificate | Types, Purpose & More

An inspection certificate is a vital trade document required for importing specific consumer goods.The document is a crucial component in international trade transactions.

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Articles on Letter Of Credit

21 May 2021

Letter of Credit (LC) - Meaning, Process & Role In International Trade

Learn everything about Letter of Credit & its types including its role in international trade, lc payment types & banks involved using real-world examples. Sample LC included.

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Articles on Letter Of Credit

21 January 2021

Standby Letter of Credit (SBLC)| Meaning, Types & How It Works?

‘Standby Letter of Credit (SBLC) is a type of letter of credit (LC) where the issuing bank commits to pay to the beneficiary if the applicant fails to make the payment.

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