THE ROLE OF FINANCIAL INSTITUTIONS IN TRADE FINANCE: OBLIGATIONS OF ISSUING, ADVISING, AND CONFIRMING BANKING COMPANIES

The Role of Financial institutions in Trade Finance: Obligations of Issuing, Advising, and Confirming Banking companies

IntroductionFinancial institutions Engage in a crucial purpose in facilitating international trade by means of different trade finance devices. Their responsibilities as issuing, advising, and confirming banks are important for guaranteeing the smooth flow of products and payments across borders. Knowing these roles is vital for businesses engaged

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