Many industries are financially regulated and governed to facilitate trade, prevent risks and standardise rules. The UCP 600 (“Uniform Customs & Practice for Documentary Credits”) is the official publication which… read more →
Structured Trade Finance Lending institutions and banking corporations provide a variety of services to exporters, importers and trading corporations for carrying out trade efficiently and these services are collectively referred… read more →
What is the procedure by the beneficiary banks (not a negotiating bank) if there is a restricted Letter of Credit (LC)? The bank could tell the beneficiary to present documents… read more →
Letters of Credit (LCs) are instruments which guarantee sellers payment if certain terms and conditions are met. They are frequently used in international transactions and have many different types. We… read more →
Trade Finance is usually used in international commerce in order to pay trading partner when doing overseas business. It is usually used on its own or coupled with invoice finance… read more →
The continued spread of Ebola in West Africa has had a big impact on agriculture and mining. It has deterred both funders and traders from doing business. There are also… read more →
Cash flow is crucial in any business. No matter what your turnover or net profits are, if you don’t have enough cash to pay your employees at the end of… read more →
As a small or medium sized business it stands to reason that you will do what you need to in order to ensure the success (and growth) of your business.… read more →
Despite the clear benefits, integrating credit insurance and factoring presents several challenges. These include poor information flow, cumbersome onboarding processes, and high premiums. Information flow and decision-making delays Effective information… read more →
At FCI’s 56th Annual Meeting in Seoul, a panel of experts discussed the intricate relationship between credit insurance and factoring. The panel included: Credit insurance and factoring are two financial… read more →