Back-to-back credit, also known as countervailing credit, is a method used to conceal the identity of the seller from the buyer in a credit arrangement. This finance technique involves a finance house acting as an intermediary between the foreign seller and the buyer.
Countervailing credit, often referred to as back-to-back credit, is a form of financing used in international trade that involves two separate but interdependent letters of credit. This type of credit is typically established by an intermediary in trade transactions to facilitate complex trade processes.
