Trade finance: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Simplify wording.) |
imported>Doug Williamson (Amend Acceptance link to Trade acceptance.) |
||
| Line 10: | Line 10: | ||
* [[Letter of credit]] | * [[Letter of credit]] | ||
* [[ | * [[Trade acceptance]] | ||
* [[Bill]] | * [[Bill]] | ||
* [[Documentary credit]] | * [[Documentary credit]] | ||
Revision as of 16:45, 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.
