Location
Coronado, CA
United States
Date
April 2, 2019
Type
Presentation
Event Type
Spring Conference
Presenters
Luda Siegal
Todd Rodgers
Description
Letters of Credit are efficient tools to provide collateral to ISO’s, counterparties and customers. Posting LC’s can come with unique risks and tracking outstanding LC’s can be tricky. This session will go through the instances when it makes the most sense to post an LC over other forms of collateral and items to note when issuing them.
Objectives: Gain a deeper understanding of letters of credit and the associated risks.
