As a middleman, your main concerns are:

Securing the goods from your seller, and getting payment from the buyer

Depending on the relationship between you and both parties, you may choose to secure the goods with either a Letter of Credit (LC) Transfer or a Back-to-Back LC.

Letter of Credit (LC)

Use your buyer's LC to secure the goods from your seller

Back-to-Back Letter of Credit
(Back-to-Back LC)

Use your buyer’s LC as collateral to issue another LC to secure the goods from your seller.

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