What is the role of a performance bond via a standby letter


1. What is the role of a performance bond (via a standby letter of credit) in an International Trade Finance transaction?

2. What is the main risk in an export issuing a performance bond (via a standby letter of credit)?

3. How can EDC help an export with issuing a performance bond (via a standby letter of credit) in an International Trade Finance transaction?

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Financial Management: What is the role of a performance bond via a standby letter
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