Trade Finance

Trade finance involves the financing of international trade transactions. It uses instruments and products like letters of credit, guarantees, and factoring. These tools reduce risk and provide liquidity.

Instruments in trade finance include letters of credit and bills of lading. Examples of products include export credit and trade insurance. Guarantees encompass performance bonds and payment guarantees.

Factoring services include invoice discounting and forfaiting. These services help businesses by offering immediate cash against receivables.