Given that nearly 90% of world trade relies on some form of trade financing (trade credit insurance, trade finance or guarantees), it’s important to understand the complexities around financing trade, the various products offered by financiers, and understanding the pitfalls, challenges and use cases for trade credit.
Anti-money laundering is the process of financial institutions and other business entities using in-house (sometimes assisted by external parties – more on this to come) methods to address the risks posed by Trade-Based Money Laundering.
You might have had thousands of international wire transfer transactions already, but only now have you thought about how these transactions work. How is it possible for banks to communicate… read more →
SWIFT MT799 versus MT760 MT799 is a digital message that is sent between banks; with the aim of showing funds or proof of deposits. It is important to note that… read more →
Invoice finance is a type of asset backed finance, where the underlying asset is the accounts receivable. Accounts receivable essentially means ‘money owed’ and is usually through the form of… read more →
When exchanging goods and services overseas, you’ll often come across important trade terms such as bills of exchange, prom notes and trade bills. We’ve quickly summarised the three terms, and… read more →
At Trade Finance Global we get asked a lot of questions around Letters of Credit, so we’ve put together a quick cheat sheet on LCs, payment times and the presentation… read more →
Pre-export finance (PXF) is a type of finance product with a specific aim of providing finance for producers of commodities and other products. The reasoning behind these facilities is so… read more →
Trade in Services – What does this mean and how does it affect my business? Trade in services is sometimes referred to as an international trade of services. It is… read more →