Trade Finance
Trade Finance is a way of funding the acquisition of finished goods from overseas suppliers for resale or for onward export. It is an alternative to import loans, credit cards and overdrafts as it bridges the cash flow gap between paying suppliers and receiving payment from customers. When utilized in conjunction with the invoice finance it can considerably shrink the income gap and help maintain the extent of capital you hold for other investment.
Letter of Credit Issuance
The letter of credit issuance takes place upon the individual’s request. This assures the supplier’s payment for a stated amount in a given time.
Bank Guarantee
Bank guarantees represent a more significant contractual obligation for banks than letters of credit do. A bank guarantee, like a letter of credit,
Back to Back Letter of Credit
Are you involved in buying and selling activities? Or even foreign transactions? You need a document that guarantees your purchase and payment.
Double Confirmation on Letter of Credit
Even though most people get the letter of credit, the Double confirmation on LC acts as an additional guarantee to it. This is obtained from the borrower from the…
Acceptance SWIFT
How do you send messages across financial institutions, banks and corporate groups? SWIFT messages are just the way to do it. From sending and receiving international…
Letter of Credit Bills Discounting
LC Bills Discounting is mainly considered as financial security and a funding option. It is majorly used in international trade and is also known as a documentary credit.