Structured Trade Finance Lending institutions and banking corporations provide a variety of services to exporters, importers and trading corporations for carrying out trade efficiently and these services are collectively referred… read more →
What is the procedure by the beneficiary banks (not a negotiating bank) if there is a restricted Letter of Credit (LC)? The bank could tell the beneficiary to present documents… read more →
Letters of Credit (LCs) are instruments which guarantee sellers payment if certain terms and conditions are met. They are frequently used in international transactions and have many different types. We… read more →
Trade Finance is usually used in international commerce in order to pay trading partner when doing overseas business. It is usually used on its own or coupled with invoice finance… read more →
The continued spread of Ebola in West Africa has had a big impact on agriculture and mining. It has deterred both funders and traders from doing business. There are also… read more →
Bank Guarantee vs Letter of Credit Letters of Credit reduce the risks of not getting paid after the product has been delivered An LC is a promise by a financial… read more →