1. Name and explain 3, third parties that you are using for international transactions (Singapour to Colombia). Explain what documents you need to provide to them and any relevant details you are undertaking to maximize profitability.

2. Which documents does a Banker need for a Letter of Credit Application? Elaborate and what are the steps of obtaining an.

3. Have you taken any steps in the International transaction (Singapour to Colombia) to limit using third parties in order to ensure the International transaction (Singapour to Colombia) is more profitable? Please explain a third party you can avoid paying/using versus one that is absolutely vital to a successful transaction.

4. How would you manage your personal relationship with your counterpart in terms of cultural norms and understanding? Explain any do's and don'ts as you understand them.