The Association for Corporate Treasurers (ACT), in partnership with Deutsche Bank, has today announced the release of “The Group Treasurer: An ACT guide to the first 100 days”, which provides valuable insights on the role of the treasury function – serving as an in-depth guide to those moving into senior treasury roles for the first… Continue reading From fundamentals to digital evolution: Deutsche Bank and ACT release comprehensive guide for treasurers
Category: Structured Terms of Payment
Structured Terms of Payment
International Payments: Settlement, Risk Mitigation, or Financing?
TFG heard from Trade & Export Finance Specialist, Domenico Del Sorbo on practical aspects of payment instructions in international trade.
SWIFT announces a new strategy for instant, frictionless payments and securities processing
[box] [/box] Brussels, 17 September 2020: SWIFT today announces that over the next two years and beyond it will fundamentally transform payments and securities processing, retooling cross-border infrastructure as part of a new strategy approved by its Board to enable the world’s financial institutions to deliver instant and frictionless end-to-end transactions. The cooperative will expand… Continue reading SWIFT announces a new strategy for instant, frictionless payments and securities processing
Local Currency System (SML) – secret ingredient for trade flow recovery
The Local Currency System – SML – resurfaces as an alternative to recover trade flows not only in the Mercosur but also in other regions of the world which can implement it.
The Importance of the Uniform Rules for Demand Guarantees in Times of COVID-19 Pandemic
With this global pandemic, it is recommended to encourage the use of guarantees and counter-guarantee subject to URDG 758 as it provides a balance between the interests of all the parties involved.
Money Laundering – A step-by-step guide for robots to challenge
Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.
Why should Canadian SMEs leverage trade credit insurance post COVID-19?
SMEs need to explore innovative financing options like trade credit insurance as they plan and prepare for the “new normal”.
Triggering Force Majeure – The Impact on Documentary Trade Finance and Credit
How are the rights and obligations of the parties to a credit affected on account of missed deadlines caused by these force majeure events?
The “key” to digital trade finance: Public Key Cryptography explained
The utopia of a truly paperless trade finance industry will eventually happen, however one simple question remains: when?
Sanction clauses under the Documentary Credits
Documentary credit may be one of the most convenient payment method available to buyers and sellers, but one should know its limitation to avoid issues and penalties.
Tokenization: Solving Trade Finance Problems or Purely Conceptual?
Tokenization is a concept with the potential to solve many trade financing problems that exist for business. TFG heard from Crowdz CEO Payson Johnston.
Banking on change in 2020. ICC Banking Commission lays out bumpy year ahead
As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.
VIDEO: CoFace – Receivables Securitisation 101 & The Role of Insurance Policies
TFG hear Frederic Bourgeois , Managing Director for CoFace for UK and Ireland, about the importance of specific insurance policies for the securitisation of trade receivables. He spoke about the trends and changes in the insurance of trade receivables.
SWIFT enables payments to be executed in seconds
New service links gpi, banks and domestic real-time payments systems· Successful trial with Europe’s TIPS SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world. Through a combination of gpi and domestic real-time… Continue reading SWIFT enables payments to be executed in seconds
Letters of Credit Demystified
Letters of Credit are an involved subject. Bankers spend lots of time studying the various types and rules and regulations. “But hold on” I hear you say. I thought this article was entitled ‘Demystified.’ Well, for the typical importer or exporter dealing in individual transactions, they can be quite straightforward.