THE FUNCTION OF BANKING COMPANIES IN TRADE FINANCE: RESPONSIBILITIES OF ISSUING, ADVISING, AND CONFIRMING BANKS

The Function of Banking companies in Trade Finance: Responsibilities of Issuing, Advising, and Confirming Banks

IntroductionBanking companies Perform an important part in facilitating Global trade through different trade finance devices. Their tasks as issuing, advising, and confirming banks are important for ensuring the smooth movement of goods and payments across borders. Knowing these roles is important for firms engaged in world wide commerce.Issuing Ba

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