Trade Finance

Trade services

trade-services

TRADE SERVICES

To assist SMEs in trade transactions, financial institutions also provide payment services.

1.Outward/Inward Bills for Collection

Usage

Assists customer in making payments for trade transactions.

Features
  • Documents are channeled through the financial institution with specific instructions
  • Financial institutions handle documents on instructions received to:
  • Obtain acceptance and/or payment
  • Deliver commercial documents against acceptance and/or against payment
  • Deliver documents on other terms and conditions
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