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

IntroductionBanking institutions Engage in a crucial role in facilitating Intercontinental trade by means of numerous trade finance devices. Their obligations as issuing, advising, and confirming financial institutions are essential for making certain The sleek move of goods and payments throughout borders. Being familiar with these roles is import