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05 Oct
What Is A Documentary Collection And How Does It Work?
Category: trade finance services
Document collection is the process by which a seller instructs a bank to send trade-related documents to the bank. Instructions usually include a request to send a payment docum...
26 Jul
bank guarantee
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
documentary collection
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...