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

IntroductionBanking companies play a vital role in facilitating Intercontinental trade by different trade finance instruments. Their responsibilities as issuing, advising, and confirming financial institutions are essential for making certain the smooth flow of products and payments throughout borders. Comprehending these roles is vital for enterpr