Traxys Sarl, a leading global physical trader and merchant in metals and natural resources, is pleased to announce the successful signing on 4th May 2021 of its flagship multicurrency syndicated… read more →
If you blinked and put your feet up this bank holiday weekend, you probably missed out on a few important milestones for digitalizing trade.
Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud. The app extends the functionality of Finastra’s Fusion… read more →
MSC customers will be able to receive the bill of lading electronically, without any change or disruption to their day-to-day business operations. MSC customers will be able to receive the… read more →
SWIFT’s upcoming SR 2021 release is set to bring some significant changes to trade finance messaging standards – specifically those relating to guarantees
HSBC India and HSBC UAE have successfully executed a blockchain-enabled, live trade finance transaction between Tata Steel Ltd. (India) and Universal Tube & Plastic Industries Ltd. (UAE). This is a… read more →
ITFA, a leading trade finance industry body, has released an in-depth guide to Structured Letters of Credit. These are instruments which provide substantial funding to trade in emerging markets, but … read more →
By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.
In this second installment of my two-part article, I endeavour to consider the documentary credit from the point of view of an exporter as well as its bank and provide some advice on how to best benefit from the effective use of documentary credits.
Singapore – Standard Chartered has launched a suite of sustainable trade finance solutions across Asia, Africa and the Middle East, Europe and the Americas. The Bank’s new Sustainable Trade Finance… read more →
