This article was originally published in Documentary Credit World (DCW), published by the Institute of International Banking Law & Practice.

TFG and BAFT have announced the launch of a Letter of Credit Guide. Read from leading experts on their definition, uses and intricacies!

Uncover the truth behind the hype of Generative Artificial Intelligence (GenAI) and its implications for trade finance.

Discover how UCP rules shape Standby Letters of Credit, making global trade smoother and more reliable for finance pros. Read more here.

Letters of credit remain a core part of documentation in international trade. Despite the ease in cross-border payments facilitated by fintech companies, letters of credit continue to present themselves as indispensable documents in trade finance. 

Learn about SBLCs: an irrevocable, independent financial security instrument to protect your investments and liabilities.

Navigate today’s economic landscape with the knowledge of commodities & trade finance. Learn how to make a bankable proposal.

In order to communicate with each other, banks use a messaging system called SWIFT (Society for Worldwide Interbank Financial Telecommunication), which provides a standardized and secure way to exchange information. There are several different types of SWIFT messages that banks use for various purposes.

Sustainability is one of the most used terms in the trade finance industry in 2023. While everyone knows what it means, and most know what the challenges are behind implementing sustainable actions, there is a clear issue with implementing tangible solutions.

As we bid farewell to 2023, it’s time to reflect on the dynamic landscape of global trade and finance. At Trade Finance Global (TFG), the past year has been marked… read more →