What GM may offer GM has a good trade knowledge within the fields of l/cs and their utilisations as well as broad experience from international trade and trade finance. A l/c is a product and a payment tool which should be ’tailormade’ and adapted to the special situation and the special transaction. For the importer - the l/c opener - it is important to apply the special advantages that may be incorporated in the letter of credit and which type of l/c to apply. The payment terms should be adapted to importer’s payment ability, also in relation to his status with his bank (the l/c opening bank). For the exporter it is important that the contract specifies the documentation that the exporter is able to provide and which the importer needs. Exporters who need assistance in compiling correct sets of documents to banks, may receive help. Both the exporter and exporter’s bank are dependent on presentation of documents being 100% in conformity with l/c stipulation. If not, the exporter may not get the the l/c discounted or paid and the bank is in best case burdened with extra unnecessary work and leaving the exporter in an uncertain payment position. GM Letter of Credit Consultant offers his assistance in solving problems and solution findings, as well as assistance in other related fields, always bearing in mind the best commercial solution. GM guarantees discretion and confidentiality.