THE PURPOSE OF BANKING COMPANIES IN TRADE FINANCE: OBLIGATIONS OF ISSUING, ADVISING, AND CONFIRMING BANKS

IntroductionBanking institutions Perform a crucial job in facilitating Intercontinental trade by way of a variety of trade finance instruments. Their tasks as issuing, advising, and confirming financial institutions are essential for guaranteeing the smooth stream of goods and payments across borders. Understanding these roles is important for busi