The transmission of COVID-19 has returned to “alarming rates” across Europe, says the World Health Organization. The UK government imposed more restrictions on areas of the North East and the Midlands to combat a rise in the number of cases.

Enabling seamless transactions from one account to another anywhere in the world with end-to-end transparency and predictability Made available through a next-generation digital platform that maintains SWIFT’s hallmark focus on… read more →

TFG heard from Dr. Özge TOSUN, legal counsel at Export Credit Bank of TURKEY (Turk Eximbank) on the various surety bond dilemmas in Turkish insurance including the impracticality of expecting Turkish law to govern all overseas contracts.

The Local Currency System – SML – resurfaces as an alternative to recover trade flows not only in the Mercosur but also in other regions of the world which can implement it.

Nairobi, 24 June 2020 – The African Development Bank (AfDB), the Arab Bank for Economic Development in Africa (BADEA), and the OPEC Fund for International Development (the OPEC Fund) have, once… read more →

Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.

SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.

The utopia of a truly paperless trade finance industry will eventually happen, however one simple question remains: when?

Documentary credit may be one of the most convenient payment method available to buyers and sellers, but one should know its limitation to avoid issues and penalties.

With the Covid-19 pandemic, our paper-based trade finance settlement system suddenly stopped working. It is about time businesses adopt paperless and digital workflow to safeguard trade finance operations.