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.
Documentary credits are one of the oldest, most sophisticated, and safest payment instruments used in international trade.
The Covid-19 pandemic is accelerating trends and technologies that came online before January 2020 and were just getting traction.
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 →
We spoke to Chris May, CEO of Carry Cargo, which handles cargoes around the world, and brokers transport solutions for importers and exporters. Chris, tell us a bit about yourself,… read more →