29
Nov
An In-All Model Of Information About Documentary Collection, Their Types And Proof Of Funds Letter
Category: documentary collection
Documentary collection is a policy that enables the exporter’s bank to receive payment from the importer’s bank in contemplation of the documentation that is trackin...
15
Nov
What is the Role of Proof of Funds in the Real Estate Sector?
Category: documentary collection
When buying a home, it is important to know what you need. You know you need to show some documents to get a mortgage, but you may need to show proof of payment from the seller....
26
Jul
What is an SBLC/SLOC (Standby Letter of Credit)?
Category: bank guarantee, bank guarantee pr...
The (SBLC/SLOC) standby letter of credit is a bank’s assurance of the payments on behalf of a customer. This type or instrument is the last resort wherein the bank meets p...
03
Jul
Trade Financing And Its Various forms
Category: bank guarantee, bank guarantee pr...
Trade finance represents the various monetary instruments and syntax utilized by businesses to facilitate global exchange and commerce i.e import and export. Trade finance makes...