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

IntroductionBanking companies Enjoy a crucial position in facilitating international trade by way of many trade finance devices. Their obligations as issuing, advising, and confirming banks are essential for ensuring The graceful move of products and payments throughout borders. Comprehending these roles is vital for organizations engaged in world-