Contour, the Singapore-based global trade finance network has today announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution. … Read more here..
Standard Chartered announced the successful completion of the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain, in partnership with Asian Development Bank (ADB), Bank … Read more here..
In anything that we do in life, the first time is a scary thought – first time on a bike, first time driving a car, first time swimming, first date, … Read more here..
Trade as we know it (or don’t know it) has been around for centuries in various forms across various time-lines.. Starting from trade on the Silk roads around 1st century … Read more here..
Incoterms 2020, the 9th version of the Incoterms® rules has been in the making for a while now.. Following its introduction in Incoterms® in 1936, these international commercial (Inco) trade … Read more here..
On June 23rd 2016, a 51.9% majority of British voters elected for their country to leave the European Union. This referendum started the nation along a two-year journey to part … Read more here..
2018 was a catalyst for technological innovation in the trade and receivables space, which in turn, has helped enhance and facilitate global trade.. For banks, corporates and SMEs involved in … Read more here..
A Currency Swap is a pact between two countries that allows trading in their own currency and payments to import and export trade at pre-determined exchange rates without bringing in … Read more here..
Continuing with our educational series on Trade Finance, in this article we look at who Trade Finance Providers are and what their role is in International Trade transactions.. The lengthy … Read more here..
Continuing with our educational series on Trade Finance, in this article we look at Import and Export Finance and how it works in international trade. Moving raw materials, incomplete goods … Read more here..
At first glance, trade finance offers huge benefits to all parties involved in an international transaction. Importers can invest in profitable new international ventures without extracting capital from their business … Read more here..
Trade Finance and Transport are intricately linked in the process of global trade.. In Part 3 of the Trade Finance series, we take a look at how these two are … Read more here..
The collateral obligations, repayment terms and risk thresholds of conventional lenders can make finance difficult to access for firms looking to begin or expand international trade ventures. Trade finance enables … Read more here..
Many businesses rely on lending to finance new ventures, reduce their financial exposure or manage their cash flow.. Trade financiers provide or identify sources of capital for firms seeking to … Read more here..