Demand letter Under Bank Guarantee: Key Considerations
A bank guarantee is a financial instrument issued by a bank on behalf of a customer (applicant) to a third party (benef…
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SWIFT MT103 Transfer Guide account_balance A Guide to SWIFT MT103 Transfers Understanding the process, risks, timeframes, and fees of customer-to-custom…
A bank guarantee is a financial instrument issued by a bank on behalf of a customer (applicant) to a third party (benef…
Trade finance managers face a unique set of challenges, from managing risks and optimizing working capital to navigatin…
Trade-based financial crime encompasses a range of illicit activities that exploit legitimate international trade to fa…
The International Standard Banking Practice (ISBP) serves as a critical supplement to the Uniform Customs and Practice …
International trade is a complex dance, and the Trade Finance Relationship Manager (TFRM) is the choreographer behind t…
Introduction A bank guarantee is a financial instrument issued by a bank on behalf of a customer (applicant) to a third …
Bank guarantees are a crucial financial instrument that mitigates risk in various commercial transactions. They essenti…
This article provides a detailed comparison between Bank Guarantees (BGs) and Standby Letters of Credit (SBLCs), focusi…
Demand guarantees and standby letters of credit are crucial instruments for banks to support their corporate clients. T…
The legal framework for assigning proceeds under a documentary credit is primarily governed by national law. This allow…
Back-to-back letters of credit offer an alternative to transferable credits when the terms of a trade deal between the …