Bonds, Guarantees and Letters of Credit

The SWIFT MT 799 and SWIFT MT 760 are both widely used in trade finance but have some important differences. If you want to learn about these differences, you’ve come to the right place.

✍️ In this article, Carter Klein of Jenner & Block talks about independent vs. accessory guarantees, corporate guarantees in the US, and the cases of Shanghai Shipyard and Bank Audi.

With technology revolutionising almost every area of business, TFG asked a number of fintech experts whether it also has a role to play in streamlining how trade finance applications are handled and processed to help unlock more trade finance liquidity.

Robert Meters, director of Schumann International Limited, discusses the current and long-term impacts of the conflict on receivables finance and credit risk management.

Letters of credit are one of the most commonly used trade finance instruments, and they are a great way to increase security and mitigate risk during a trade transaction

In this article, SACE’s Irene Gambelli discusses the support provided by Italy’s export credit agency to SMEs during and after the pandemic, with an increasing focus on green finance

Trade Finance Global (TFG) is pleased to announce that it will act as a media partner for the ICISA Surety Week 2022, a new event from the International Credit Insurance & Surety Association (ICISA).

After another tumultuous year for trade finance in 2021, the industry is set to face a number of challenges – both old and new – as we head into 2022.

As the trade finance industry shifts towards more digitalised ways of doing business, new niches are opening up within the market.

It’s around two weeks until the SWIFT Standards Release 2021, which is one of the items seemingly on everyone’s lips.

The magnitude and pressure around climate change and the United Nations (UN) agenda can give an opportunity to make a joint effort to transform supply chains more sustainable.

How has SWIFT changed, what challenges have they faced and how will they continue reinventing themselves in the highly competitive global payments market? 

The digital transformation of the banking operations of guarantees and documentary credits to shift from the paper-based and labour-intensive models to a digital trade ecosystem.

The 2021 ICC Trade Register summary, on the credit risk profiles of trade finance, supply chain finance and export finance transactions. Read our summary on 38m transactions representing USD $19.2t exposures, and 28% of global trade flows.

MSMEs are the backbone of the economy, however, they have faced a stream of obstacles on their road to obtaining crucial financing, particularly in emerging and developed markets, such as India and Southeast Asia.