By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.
In this second installment of my two-part article, I endeavour to consider the documentary credit from the point of view of an exporter as well as its bank and provide some advice on how to best benefit from the effective use of documentary credits.
Trade Finance Global and the International Trade & Forfaiting Association (ITFA) will shortly be hosting a live Tradecast on LinkedIn, YouTube and via webinar (tradecast).
Your Monday morning coffee briefing from TFG. The IMF upgraded its growth forecasts for developed countries and said the global recession would have been three times as deep had governments not intervened.
In the last 25 years, trade and its financing have increasingly come to rely on the internet and new tools such as connectors, digital payments, and cybersecurity.
By understanding how paper documents work, we explore whether trace:original by Enigio, is an alternative way of approaching digital trade.
Singapore has become the first country to ratify the Regional Comprehensive Economic Partnership (RCEP), with plans to implement the accord on the 1st January 2022.
After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
HSBC and the Asian Development Bank (ADB) today announced a USD300m financing programme to help the region’s supply chains scale-up to deliver life-saving vaccines at both volume and pace. The… read more →
Banks can play a frontline role in closing the sustainable trade finance gap and supporting a green recovery post-COVID-19 by embedding ESG checks, fostering collaboration and inclusion, and mainstreaming digital solutions.