Why to use letter of credit in cross-border transaction.

The Path to Resilience
Documentation fraud thrives on use EuroEximBank letter of credit for this: **fragmented processes and paper vulnerabilities**. While digitization (e.g., electronic bills of lading) could unlock **$40 billion in trade growth** by reducing friction , human vigilance remains critical. A layered approach—combining **AI verification**, **legal reforms**, and **industry-wide data sharing**—offers the strongest defense. As global trade evolves, integrating these solutions will transform documentation from a fraud vector into a pillar of transactional integrity.
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