Posted on Tuesday, March 7, 2017 No Comments
Trade Finance is the lifeblood of international trade. The WTO estimates that 80-90% of all global trade relies on Trade Finance and it is TRUST that drives trade finance.
Without a trusted intermediary, there is no guarantee that a seller would receive payment for the goods they sold and the buyer would have no guarantee that they would receive the goods they purchased. By having a bank or other intermediary finance the transaction, both parties can be assured that payment will