Letters of credit are one of the most commonly used trade finance instruments, and they are a great way to increase security and mitigate risk during a trade transaction

Several public and private banks and financial institutions have imposed trade and commodity finance restrictions on Russia amid the escalating conflict in Ukraine

The US and its Western allies have ramped up harsh economic sanctions against Russia, as it continues to attack Ukraine

Delivery of the goods is “not unloaded” by the seller at the destination place, typically at either the CY (container yard) or the buyer’s premises.

In this article, SACE’s Irene Gambelli discusses the support provided by Italy’s export credit agency to SMEs during and after the pandemic, with an increasing focus on green finance

Letters of credit, forfaiting, factoring, export finance, and trade credit insurance: the most popular trade finance techniques companies are using in international trade

Each day, mountains of trade finance data are delivered to banks, requiring urgent processing to support the flow of goods around the world. 

Speaking to Trade Finance Global, Pillow said she has overseen major changes as head of communication at ITFA, not just in the way the association presents itself, but also in terms of its reach and scope.

Your Monday morning coffee briefing from TFG. The UK’s post-pandemic recovery is weakening as inflation worries hit record highs, according to a new British Chambers of Commerce (BCC) survey.

Although UCP 600 and ISBP 745 offer no specific provisions for partial confirmations of letters of credit (LCs), MonetaGo’s Tat Yeen Yap says they are not only possible, but are “straightforward and efficient”.