Join the TFG Trade Finance Forum 2025 in London on 9 December, bringing together banks, insurers, fintechs, and SMEs to explore key challenges in trade finance. Discuss unlocking liquidity, improving ...
[UPDATED 2024] Ripple is comprised of two separate components: XRP and RippleNet. XRP is considered acryptocurrency, whilst RippleNet is a payment network designed for enterprise. It was built toallow ...
Incoterms play a vital role in international trade by defining the responsibilities of buyers and sellers in the delivery of goods. However, misuse or misunderstanding of these terms can lead to ...
Understanding MT 742: Reimbursement claim in international trade finance Last updated on 21 Aug 2024 24 Jul 2024 . 4 min read Most popular SWIFT Messaging Types Introduction to Letters ...
Swift message type (MT) 767 has an important role in trade finance. It simplifies the amendment of demand guarantees or standby letters of credit (SBLCs), allowing global trade transactions to operate ...
Trade Finance Global interviewed Pradeep Taneja, Managing Director of Taneja Global Trade Consulting, Bahrain and Co-Chairman and Board member of ICC Bahrain to learn more about Letters of Credit. To ...
Letters of Credit Welcome to TFG’s Letters of Credit hub. Find out how we can help you access Letters of Credit to increase your imports and exports to guarantee the payment and delivery of goods – or ...
[UPDATED 2025] A Standby Letter of Credit (SBLC / SLOC) is seen as a guarantee that is provided to a potential buyer or contractor. An SBLC is payable when called upon by the beneficiary and may be ...
[UPDATED 2023] While big data analytics compile useful data for humans to use in decision-making, artificial intelligence (AI) is able to further process that data and produce an actual decision.
[UPDATED 2025 ] Ultimate Guide to UCP 600 - what is the UCP 600? An in-depth guide to the latest version of the Uniform Customs and Practice for Documentary Credits convention (UCP 500 and UCP 600), ...
The Importance of the HSN Code While the primary purpose of the HSN code is the systematic classification of goods, it can also be used to gather data and solve problems that would otherwise be ...
[UPDATED 2025] LCs versus BGs: A Letter of Credit (LC) is a promise taken on by a bank to pay a party once certain criteria are met, whereas a Bank Guarantee is a bank's commitment to pay the ...