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Question 2

East-West International is an Australian importer of electronic consumables from Indonesia.

Indonesia has tight exchange control regulations; the central bank limits the flow of money in and out of the country. As a result, Indonesian exporters require a Letter of Credit to facilitate their exports in exchange for payments.

What Trade Finance solution may be able to support East-West International so it can receive goods on time from its supplier?

A package labelled ‘East-West International Electronics’ passing through border security