Trade finance: Difference between revisions
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Revision as of 10:19, 29 November 2014
Trade finance refers to a number of techniques for managing international trade financing including open account, export credit insurance, guarantees, supplier / buyer credit, and the use of different price bases (COD, CIF 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.
