TFG’s Deepesh Patel spoke to ITFA’s Chairman, Sean Edwards, about the ITFA Structured Letters of Credit Working Group, and the emergence of Structured Letters of Credit as a variant of Traditional LCs.
Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.
TFG’s editor, Deepesh Patel had the pleasure of speaking with Stacey Facter from BAFT, Christian Hausherr from Deutsche Bank AG and the Global Supply Chain Finance Forum and John Monaghan from Citi Treasury and Trade Solutions at BAFT’s Virtual Global Annual Meeting.
Gunvor Group has announced the successful signing and increase of its $872.5 million off balance sheet instrument (OBSI) facility. After receiving a substantial over-subscription of 45%, and high levels of… read more →
Owing to the pandemic, eUCP Version 2.0 and eURC Version 1.0 rules created by the ICC have received increased interest over the past few months. There is a growing realisation by practitioners that paper documents are causing delays and disruption.
Eleonore Treu, Hugo Verschoren and Donald Smith, breakdown Letters of Credit and some of the prominent issues surrounding this instrument. Is there a need for a new “Lite” LC product? How to mitigate the complexity and discrepancies inherent to Letters of Credit?
The ICC has published its 2019 and 2020 interim findings from its Trade Register on the performance of short-term trade and supply chain finance assets.
MineHub and Contour have partnered to integrate their digital supply chain and trade finance technology solutions for the global metals and mining industry. MineHub’s platform provides real-time visibility and collaboration… read more →
London. Trade Finance Global (TFG) is delighted to announce it’s partnership with Surecomp’s latest free webinar: Next Gen Trade Finance Digitization.
Geneva. Sucafina SA (the “Company”), a leading sustainable Farm to Roaster coffee company, is pleased to announce that it has successfully closed a 2-year Sustainability-linked Senior Secured Borrowing Base Facility… read more →
