Letters of credit emerged in Europe in the 1800s. However, in their early days the functionality of letters of credit was limited, due to the non-uniformity of national laws.
The world’s most important number is changing, and traders need to be aware of its implications.
British Chancellor Rishi Sunak today presented his Autumn Budget of 2021 to the UK House of Commons.
If your work involves international trade transactions, you will find that one of the most common and useful SWIFT Codes that you will encounter is SWIFT code MT 754.
A new ICC report, released yesterday, estimates that if G7 countries can deliver on legal reform, standardisation, and adoption of digital records, then trade between them could rise by about 43% above its 2019 value by 2026.
A ‘synthetic LIBOR’ safe house will be available following LIBOR cessation at the end of 2021
The latest issue of TFG’s Trade Finance Talks, ‘The Fintech Issue’, is out now!
Last week, at the ITFA Annual Conference, TFG’s editor, Deepesh Patel, sat down with Sean Edwards, chairman of ITFA.
Our editor, Deepesh Patel sat down with Geoff Brady and Madhav Goparaju from Bank of America and Chris Doroszczyk from IBM to discuss the impact of COVID-19, access to finance and technology.
Today we have launched our new Trade Finance app on iOS and Android. With over 160,000 monthly readers, our app aims to help the trade community make sense of the world of international trade and finance