MT799 Explained When dealing with Bank Guarantees, Documentary Credits, and Letters of Credit (LCs), one may hear the term ‘MT799’ being used. MT799 is a message that is sent between… read more →
The law underpinning financial products is inevitably very important when structuring a facility. The concept of trade finance law also adds a level of difficulty as we usually see a… read more →
The rise in trade-based money laundering (TBML), combined with the enormous regulatory fines and ongoing scrutiny from various government agencies, has created a need for enhanced financial transparency, specifically where… read more →
Following a year of volatility, innovation and uncertainty, the Trade Finance Excellence Awards 2017 by TFG have been announced! This year, we focus on those who have demonstrated exceptional performance… read more →
Standby Letters of Credit Explained In relation to LCs, typically we see a buyer and seller open Letters of Credit and when the terms within such LC are fulfilled, it… read more →
Trade and export finance are sometimes used interchangeably. However, it is important to explain the distinction and how the terms are used. Trade finance is a term universally… read more →
London Fashion Week ended at a high in mid-September, unveiling floral prints and Victorian ruffles. Caroline Rush, Chief Executive of the British Fashion Council (BFC) said: “This is the first… read more →
Top 10 questions on trade finance, covering letters of credit, bills of lading, avalisation, documents, reverse factoring, and bank guarantees. Read our FAQ.
Basel III – A Guide to Basel and what it means for banks Basel III regulation affects lending from banks. Alternative finance and ‘fintech’ encompass many different elements which are… read more →
A Bank Guarantee is a way for companies to prove their creditworthiness. It promotes confidence in a transaction that will greatly encourage the process. It is a ‘promise’ to make… read more →
