Trade Finance

Trade Finance is an integrated system that fully automates and audits the complete cycle of trade finance transactions, in real time and in accordance with trade and statutory and international standards. It increases productivity through accurate and timely reporting, reducing paperwork and risk of processing errors. With Trade Finance, financial institutions can analyze overall exposure, productivity and profitability within a single system. They can also calculate commissions, foreign exchange equivalents and liabilities automatically and in real time. This Trade Finance publication covers the mode of trade transactions e.g. letters of credit, bank guarantee and bills of collection as well as also includes new trade finance topics factoring and leasing. The overall aspects of Trade Finance are to understand associated risks and remedies to mitigate such risks contributing a safe trading mechanism around the globe. It also highlights types of trade finance, documentaries needed, and some alternatives against the formal trade finance method touching and covering small or big trade.