Striking the right balance between risk mitigation and ease of doing business is a challenge that faces many exporters, especially when working with unfamiliar customers located in unfamiliar places. Letters of Credit is a payment option which mitigates risk for both seller and buyer. This program will provide an overview of the international letter of credit process, including the different types and uses of letters of credit, along with tips for structuring sales quotes and instructions to ensure accurate letter of credit documentation and smooth processing. The program will also discuss common letter of credit discrepancies, including “built-in” discrepancies and other red flags that can lead to discrepancies. Our speaker will be Leanne Spees, Senior Vice President, International Finance with The Provident Bank.