THE PURPOSE OF BANKING COMPANIES IN TRADE FINANCE: DUTIES OF ISSUING, ADVISING, AND CONFIRMING BANKING INSTITUTIONS

IntroductionBanks Perform a vital purpose in facilitating Intercontinental trade as a result of many trade finance devices. Their tasks as issuing, advising, and confirming banks are important for making certain The sleek circulation of goods and payments across borders. Being familiar with these roles is important for firms engaged in worldwide co