1. Name and explain 3, third parties that you are using for your transaction. 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 L/C

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