What is International Trade Finance? It is defined as a wide range of financial tools that are used by traders to conclude their local and global transactions. Further, this financing allows traders to do imports and exports without the worry of cash flow. And also, it helps to reduce the risks involved in global trading; and, improves rapport with overseas sellers.
A recent study by the World Trade Organization (WTO) shows that more than 90% of global trades rely on trade financial support. Because using Trade Finances makes trading safe and secure. And also, it assures payment to the seller; also, it gives performance assurance to the buyer.
Usually, when it comes to imports and exports, the seller would prefer some kind of advance payment from the buyer to avoid payment risks. On the flip side, the buyer would think that; what happens if the seller receives the advance payment; but refuse to ship the goods. In such cases – Trade Finances provides a common solution; by providing the required assurance to both the buyer and the seller.
Importance of International Trade Finance
Are you doing import and export overseas? Looking to secure your deals with the help of Bank Instruments? But don’t know where to get started?
Traders often prefer banks to avail financial tools on their behalf. But in case, if they don’t have enough cash funds or collateral to meet the banking norms; then it’s not easy to get the required support from the bank.
So, for traders who are in need of financial support, we, Import Letter of Credit, the Bank Instruments Providers in Dubai is here to help! Even if your bank says “NO” for you; we say “YES” and provide the required instruments within 48 banking hours. Further, to issue the financial tools from European banks; we will not demand any cash margin from our clients.
With years of exp. in this industry, we assist our clients by providing – DLC MT700, SBLC MT760, BCL MT799; also, different types of Bank Guarantees globally.
Submit your trade finance requirements to us via Contact Form. We will get back to you with a FREE Quote as soon as possible.
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