Trade finance: Difference between revisions
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imported>Doug Williamson (Create the page from Capital markets and funding page.) |
imported>Doug Williamson m (Simplify wording.) |
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Trade finance refers to managing overseas trade financing | Trade finance refers to a number of techniques for managing overseas trade financing including open account, export credit insurance, guarantees, supplier / buyer credit, and the use of different price bases (COD, freight paid etc). | ||
Trade finance incorporates instruments and documentary credits such as Letters of Credit, acceptances, bills, and evidentiary documents such as bills of lading. | Trade finance incorporates instruments and documentary credits such as Letters of Credit, acceptances, bills, and evidentiary documents such as bills of lading. | ||
Revision as of 16:42, 9 September 2014
Trade finance refers to a number of techniques for managing overseas trade financing including open account, export credit insurance, guarantees, supplier / buyer credit, and the use of different price bases (COD, freight paid etc).
Trade finance incorporates instruments and documentary credits such as Letters of Credit, acceptances, bills, and evidentiary documents such as bills of lading.
It also incorporates supply chain finance and electronic systems.
