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 ...

[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 ...

Treasury Management is a key component of business operations in any enterprise. In the current business landscape, the importance of treasury management really can’t be understated. As regulation and ...

HSN stands for ‘Harmonized System Nomenclature.’ The WCO (World Customs Organization) developed it as a multipurpose international product nomenclature that first came into effect in 1988 with the ...

The Trade Finance Global team are experts in trade finance, helping businesses trade domestically and overseas. Currency solutions for businesses are vital to protect margin and revenue for any ...

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 ...

Commodity Finance (SIC 19) Commodity finance (CF) is the term used for funding the trade of commodities. CF is a type of trade finance, often split into metals and mining, soft commodities and energy.

[UPDATED2025] TFG's SWIFT Messaging Types (MT) Guide, discussing the 2021 proposed changes to MT760, MT767, MT759 and MT798 on demand, accessory guarantees as well as standby letters of credit. The ...

The purpose of Bonds and Guarantees is to provide the buyer with insurance of sorts should there be a failure by the seller to meet their contractual obligations. The 3 different types of bonds and ...

[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.

Mark heads up the trade finance offering at TFG where his team focuses on bringing in alternative structured finance to international trading companies. We assist companies to access trade and ...

An example of an MT 799 message could be as follows: We Refer To Our MT [nnn], Date [YYMMDD], [Input Information on the Beneficiary, Total Letter of Credit amount, Dates etc.] “Our Client reports ...