Online banking co. for back-to-back L/C

Hi, I am beginner. My question is whether it is possible to use online banking services like TransferWise etc. for import-export transactions and to open back-to-back L/C with their help. I am going to be intermediary and want to preserve my interest.

Hi @jeez

Please accept our apologies, but I don’t think this is something we can advise on.

You may wish to speak to an accountant regarding this.

Never mind. But in case someone has idea about it, it will be very helpful.

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