Category:Trade finance
From ACT Wiki
Trade finance - international trade.
Trade finance and international trade financing include the use of open account, export credit insurance, guarantees, supplier credits, buyer credits, and the use of different price bases and terms ('incoterms').
Trade finance also incorporates instruments and documentary credits such as letters of credit, acceptances, bills, and evidentiary documents such as bills of lading.
The scope of trade finance extends through domestic trade financing, supply chain finance and electronic systems, as well as the areas outlined above.
- Buyers' concerns - sellers' concerns
- In any transaction, there is a level of risk for both the buyer and the seller. The buyer's primary concern is the quality and timing of the goods received. The seller, on the other hand, is mostly concerned about getting paid.
- In order to ensure that each party to a trade has their objectives met, and to avoid business grinding to a halt, a series of risk management tools have been developed to enable transactions to be settled in good order.
- These tools are referred to collectively as trade finance solutions, and the payment terms inherent in the various products provide more or less protection to one other party in the transaction.
- Sarah Boyce, Associate Director of Education, ACT, The Treasurer, July 2015, p43.
See also
- Alternative Credit Council (ACC)
- Bank payment obligation
- Bill
- Bill of lading
- Buyer credit
- C2C
- CIF
- COD
- Department for Business and Trade (DBT)
- Documentary credit
- Documentary trade
- Export credit agency
- Export Credits Guarantee Department
- FECMA
- Finance
- Freight
- ICTF
- International trade
- Letter of credit
- Logistics
- Open account
- Private credit
- P2P
- Supplier credit
- Supply chain finance
- Trade
- Trade acceptance
...
Pages in category ‘Trade finance’
The following 200 pages are in this category, out of 299 total.
(previous page) (next page)A
B
C
- C2C
- CAD
- Cash against documents
- CCS
- CDC
- CETA
- CFR
- Channel finance
- Clean letter of credit
- COFACE
- Collect
- Collecting bank
- COMESA
- Commercial risk
- Commission
- Commodity finance
- Confirmed letter of credit
- Confirming bank
- Conformity
- Continental Free Trade Area
- Conversion factor
- Correspondent factor
- Cost and freight
- Counter-trade
- Countertrade
- County court judgment
- Credential stuffing
- Credit support
- Creditworthiness
- Cross rates
- CSCO
- Current account deficit
- Customer-to-cash
- Customs bond
- Customs guarantee
D
E
- E-B/L
- E-bill of lading
- Eastern and Southern African Trade and Development Bank
- ECA
- ECGD
- EKN
- EMTA
- EU-UK Trade and Cooperation Agreement
- European Banking Federation
- European Green Deal
- Ex-Im Bank
- EXIM
- Export credit agency
- Export Credits Guarantee Department
- Export factor
- Export factoring
- Export-Import Bank of the United States
F
G
I
- ICC Incoterms 2020
- ICTF
- IGP
- Impact Taskforce
- Import factor
- Import factoring
- Incoterms
- Institute of Export & International Trade
- Internal factoring
- International Centre for Settlement of Investment Disputes
- International Chamber of Commerce
- International factoring
- International trade
- International Trade and Forfaiting Association
- Interoperability
- Investment Grade Agreements
- Invisible
- Invisible trade
- Invoice discounting
- Invoice finance
- IOE&IT
- IRC
- Irrevocable letter of credit
- Islamic Development Bank
- Issuing bank
- ITFA