Clarification of issues related to letters of credit in Morocco
in MoroccoTrade barrier summary
UK government resolved a misunderstanding concerning the ‘legitimacy’ of letters of credit that a UK seller was hesitant to accept from a Moroccan buyer.
Following the resolution, a new letter of credit was obtained by the buyer and accepted by the UK business, and goods were successfully exported.
Sectors affected
- Medical devices and equipment
Resolved
Yes - November 2025
Date reported
10 December 2025
Last updated
18 February 2026
Public ID
PID-BV8OQB
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