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

IntroductionBanking companies Engage in a crucial function in facilitating Intercontinental trade as a result of a variety of trade finance instruments. Their responsibilities as issuing, advising, and confirming banks are important for guaranteeing The sleek circulation of goods and payments across borders. Understanding these roles is significant