When using an usance or deferred letter of credit, the issuing bank must make payment by a preset date. This makes planning easier and unlocks working capital.
Trade Finance Global (TFG) surveyed firms throughout Europe to gain an understanding of SMEs’ trade finance usage norms and their propensity to pay for new or additional trade finance products and services.
A joint statement calling for action to address the global food security crisis was issued by the heads of the Food and Agriculture Organization (FAO), International Monetary Fund (IMF), World… read more →
Indian exporters and traders can now accept payment in Indian Rupees (INR), rather than US dollars, according to new rules introduced by the Reserve Bank of India The Reserve Bank… read more →
Over the last decade, Vietnam has become a top destination for investment in manufacturing – more desirable than other Southeast Asian nations like the ASEAN-4 countries (Indonesia, Malaysia, Thailand, and the Philippines). This has led many to wonder why Vietnam is such an attractive destination for investors.
This year, NIBC’s shipping activities have seen a steady growth of financings and, as a result, has surpassed the EUR 1 billion milestone. NIBC provides financial and advisory solutions for… read more →
As prices surge and the UK economy continues to shrink, David Brown, founder and chief executive of Hi, writes that businesses need additional financial levers to tackle the current cost of living crisis.
Your Monday morning coffee briefing from TFG: we.trade enters the trough of disillusionment – what this means for the digitalisation of trade finance
Why exactly have the prices of food historically been higher in Japan? TFG’s Carter Hoffman investigates…
Trade Finance Global (TFG) is delighted to announce that it has partnered with Google (Market Finder) to launch a comprehensive series of trade finance guides for businesses looking to enter the international market/trade internationally.