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”.

As the clocks struck midnight, we looked back at over 700 articles, handpicking our favourite stories that made the headlines in 2021

Having joined Spain’s Banco Santander in 1997, Alberto Amo spent eight years as a corporate banking director before gravitating towards trade finance.

Like many organisations during the COVID-19 pandemic, the International Trade and Forfaiting Association (ITFA) has had to adapt to a changing business landscape.

SERV, the export credit agency of the Swiss government, has successfully co-insured part of a major Turkish infrastructure project worth €1.5 billion.

In this article, Viviane Gnuan-Stehli, communications manager at SERV, explains how the co-insurance deal, worth €130 million, was delivered.

Global fintech brand SCHUMANN has announced that it has founded a new subsidiary based in London, UK. Registered as SCHUMANN International Ltd, the new subsidiary aims to give SCHUMANN a… read more →

The International Chamber of Commerce (ICC) has published an updated framework for responsible environmental marketing, which aims to prevent the use of misleading claims to promote “green” products and services.

In October this year, the International Trade and Forfaiting Association (ITFA) published its long-awaited harmonised Basel III-compliant trade credit insurance policy form.

Like many products within trade finance, trade credit insurance has endured serious volatility during the last 12-18 months, thanks to the COVID-19 pandemic.

As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.