THE ROLE OF BANKING COMPANIES IN TRADE FINANCE: RESPONSIBILITIES OF ISSUING, ADVISING, AND CONFIRMING BANKS

IntroductionBanks play a vital part in facilitating international trade as a result of several trade finance instruments. Their responsibilities as issuing, advising, and confirming financial institutions are important for ensuring The graceful circulation of products and payments across borders. Knowing these roles is significant for companies eng

IntroductionBanking institutions Engage in a vital position in facilitating international trade by way of several trade finance devices. Their obligations as issuing, advising, and confirming financial institutions are important for making certain the smooth flow of products and payments throughout borders. Knowledge these roles is important for or