Services

Fintech have issuers which are leading and foremost provider of documentary collection that is a type of trade finance. Under it, an exporter gets paid for the goods provided by an importer once the banks of the two parties exchange the required documents. The bank of the exporter collects the…

Specialized in cross-border transactions and with an emphasis on eliminating trade risk, we help clients for international export factoring. This financial tool helps companies accelerate cash flow, improve collections and control exposure to bad debts. By leveraging your international account receivables, you can count on having immediate access to a source of…

Ready willing and able Ready, willing, and able (RWA) is a document that a bank or financial institution issues on behalf of clients. The document showcases the capability and intent (both financially and legally) for entering into the financial transactions. RWAs are also referred to as bank comfort letters. Proof of funds…

  A promise made by a bank to meet the liabilities of a debtor if that person fails to fulfill his contractual obligations. There are two types of bank guarantees — direct or indirect: A direct guarantee is one where a bank is asked to provide a guarantee by its…

Documentary Letters of Credit: Secure Your Trade Transactions A documentary letter of credit is a guarantee that provides assurance to the beneficiary that he will get the payment that has been mentioned in the documentary letter of credit. There is a condition that the compliant presentation should be under the…

A guarantee issued by a bank or a financial institution to pay a beneficiary on a client’s behalf in a situation where the applicant defaults, is known as a standby letter of credit. This instrument was developed due to legal limitations imposed by US regulators on the bank’s authority to…