With SAP Global Trade Services (SAP GTS) you can use the Letter of Credit service to mitigate the financial risks involved in your international trade transactions. You can incorporate this new service in your import and export transactions to minimize risks and expedite transactions in international trade. You can monitor delivery dates and the receipt of documents for legal control purposes more effectively.We can maintain letters of credit that you receive from banks in the letter of credit master data. You can create the following types of letter of credit: -Revocable -Irrevocable unconfirmed -Irrevocable confirmed