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  • Get Trade Finance Services As A Short Term Working Capital

    A type of financing known as trade finance is created especially to support transactions involving international trade. It gives companies that import and export products and services access to short-term working capital, assisting them in managing the risks involved in international trade. Short-term working cash can be obtained through a variety of trade finance services, including:

    1. Letters of Credit: A letter of credit is a document that, under certain circumstances, a bank issues to a seller of products or services to guarantee payment. This can lessen the seller's risk of not getting paid and give them the working capital they require to complete the transaction.

    2. Documentary Collections: A documentary collection is a payment strategy in which the buyer and seller trade documents and money through the help of banks. Given that the seller can get paid after presenting the required paperwork, this can be a helpful way to get short-term operating capital.

    3. Invoice Financing: Getting short-term working cash through invoice financing entails using invoices as collateral. Businesses that have unpaid invoices that are approaching their due date but require cash sooner to meet their own financial responsibilities may find this to be a useful option.

    4. Supply Chain Finance: Financing the complete supply chain, from raw materials to finished goods, is known as supply chain finance. Given that it offers financing throughout the entire production cycle, this can be a helpful way to acquire short-term working capital.

    In general, trade finance services can be a helpful way for companies involved in international trade to get short-term operating capital. Trade finance enables companies to manage their cash flow and lower the risks involved in cross-border transactions by giving them access to financing that is particularly suited for such transactions.

    Visit us: https://www.emeriobanque.com/trade-finance-services

    #TradeFinanceServices #FinanceServices #SupplyChainFinance #LettersofCredit #DocumentaryCollections
    Get Trade Finance Services As A Short Term Working Capital A type of financing known as trade finance is created especially to support transactions involving international trade. It gives companies that import and export products and services access to short-term working capital, assisting them in managing the risks involved in international trade. Short-term working cash can be obtained through a variety of trade finance services, including: 1. Letters of Credit: A letter of credit is a document that, under certain circumstances, a bank issues to a seller of products or services to guarantee payment. This can lessen the seller's risk of not getting paid and give them the working capital they require to complete the transaction. 2. Documentary Collections: A documentary collection is a payment strategy in which the buyer and seller trade documents and money through the help of banks. Given that the seller can get paid after presenting the required paperwork, this can be a helpful way to get short-term operating capital. 3. Invoice Financing: Getting short-term working cash through invoice financing entails using invoices as collateral. Businesses that have unpaid invoices that are approaching their due date but require cash sooner to meet their own financial responsibilities may find this to be a useful option. 4. Supply Chain Finance: Financing the complete supply chain, from raw materials to finished goods, is known as supply chain finance. Given that it offers financing throughout the entire production cycle, this can be a helpful way to acquire short-term working capital. In general, trade finance services can be a helpful way for companies involved in international trade to get short-term operating capital. Trade finance enables companies to manage their cash flow and lower the risks involved in cross-border transactions by giving them access to financing that is particularly suited for such transactions. Visit us: https://www.emeriobanque.com/trade-finance-services #TradeFinanceServices #FinanceServices #SupplyChainFinance #LettersofCredit #DocumentaryCollections
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  • Russia-Ukraine War Hits Trade Finance Hard - Says World Bank

    According to the World Bank, the GDP (Gross Domestic Product) of Ukraine will have shrunk by around 35%. A further downfall is also expected for 2023, as the comprehensive effects of Russia’s war on the economy are visible.

    Apparently, the media across the world has properly covered the massive disruptions caused to supply chains including the transportation of Ukrainian grain through Black Sea ports, where Moscow constantly broke guidelines permitting exports to distress customers abroad. Now, with the arrival of winter, Russia’s targeting of Ukraine’s energy infrastructure has led the population of the country in chilling darkness and immensely disrupted businesses. Power cuts have caused digital point-of-sale systems to be inconsistent, compelling an extensive return to cash systems. Regular business processes are now loaded with vulnerability.

    “We have been forced to continue our works without electricity for 12 hours a day, and sometimes more, with four hours of power supply followed by four of none (being) normal,” says Serheii Kostogryz, head of the Trade Finance and Factoring Department at Raiffeisen Bank in Kyiv. He further added that 40% of the staff presently operates remotely.

    “The continuity in business operations is difficult to keep up with when your utmost priority is to keep your staff safe and knowing you might all soon have to rush to the basement,” he stated. “Till today, we handled it successfully - clients can rely upon us 24x7.”

    Read more: https://www.emeriobanque.com/news/russia-ukraine-war-hits-trade-finance-hard

    #TradeFinanceHard #WorldBank #tradefinance #tradefinanceservice #corporatetradefinance #lettersofcredit #exportfinancing
    Russia-Ukraine War Hits Trade Finance Hard - Says World Bank According to the World Bank, the GDP (Gross Domestic Product) of Ukraine will have shrunk by around 35%. A further downfall is also expected for 2023, as the comprehensive effects of Russia’s war on the economy are visible. Apparently, the media across the world has properly covered the massive disruptions caused to supply chains including the transportation of Ukrainian grain through Black Sea ports, where Moscow constantly broke guidelines permitting exports to distress customers abroad. Now, with the arrival of winter, Russia’s targeting of Ukraine’s energy infrastructure has led the population of the country in chilling darkness and immensely disrupted businesses. Power cuts have caused digital point-of-sale systems to be inconsistent, compelling an extensive return to cash systems. Regular business processes are now loaded with vulnerability. “We have been forced to continue our works without electricity for 12 hours a day, and sometimes more, with four hours of power supply followed by four of none (being) normal,” says Serheii Kostogryz, head of the Trade Finance and Factoring Department at Raiffeisen Bank in Kyiv. He further added that 40% of the staff presently operates remotely. “The continuity in business operations is difficult to keep up with when your utmost priority is to keep your staff safe and knowing you might all soon have to rush to the basement,” he stated. “Till today, we handled it successfully - clients can rely upon us 24x7.” Read more: https://www.emeriobanque.com/news/russia-ukraine-war-hits-trade-finance-hard #TradeFinanceHard #WorldBank #tradefinance #tradefinanceservice #corporatetradefinance #lettersofcredit #exportfinancing
    WWW.EMERIOBANQUE.COM
    Russia-Ukraine War Hits Trade Finance Hard
    The colossal drop-off in trade including Russia and Ukraine has affected trade finance hugely, says World Bank on Ukraine’s GDP to decline in 2023. Know more.
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  • Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade

    “The $18 trillion-plus international trade market is one of those last industries that are resistant to digital transformation in the financial & banking operations. For example, Letters of Credit are issued in physical form to date which is a time-consuming process that takes weeks to get issued. Contour, in this regard, digitizes LC through its decentralized network that operates on distributed ledger technology, cutting back time & costs while assuring that all the parties stay in sync. This way, Contour is genuinely transforming global trade and making it more efficient, bringing up more opportunities for attracting businesses in different corners of the world.”

    Globalization relies on banks and corporations adapting digital advancements to transform the trade finance sector. Eliminating structural and financial constraints on global trade attracts more businesses to invest and build a strengthened, interconnected global economy.

    International transactions between importers-exporters are more complex than face-to-face exchanges due to distance, and national borders. On one hand, importers want to receive goods even before paying for them while on other hand, exporters want payment surety in full before delivering goods. Not even instant payments can ensure global trades on those terms.

    Read more: https://www.emeriobanque.com/news/contour-digitizing-letters-of-credit-in-global-trade

    #tradefinance #internationaltrademarket #LettersofCredit #globaltrade #tradefinance #Contour #DLT
    Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade “The $18 trillion-plus international trade market is one of those last industries that are resistant to digital transformation in the financial & banking operations. For example, Letters of Credit are issued in physical form to date which is a time-consuming process that takes weeks to get issued. Contour, in this regard, digitizes LC through its decentralized network that operates on distributed ledger technology, cutting back time & costs while assuring that all the parties stay in sync. This way, Contour is genuinely transforming global trade and making it more efficient, bringing up more opportunities for attracting businesses in different corners of the world.” Globalization relies on banks and corporations adapting digital advancements to transform the trade finance sector. Eliminating structural and financial constraints on global trade attracts more businesses to invest and build a strengthened, interconnected global economy. International transactions between importers-exporters are more complex than face-to-face exchanges due to distance, and national borders. On one hand, importers want to receive goods even before paying for them while on other hand, exporters want payment surety in full before delivering goods. Not even instant payments can ensure global trades on those terms. Read more: https://www.emeriobanque.com/news/contour-digitizing-letters-of-credit-in-global-trade #tradefinance #internationaltrademarket #LettersofCredit #globaltrade #tradefinance #Contour #DLT
    WWW.EMERIOBANQUE.COM
    Contour’s Decentralized Network Digitizing Letters of Credit in Global Trade
    Contour's digital Letter of Credit works on a decentralized network based on DLT (Digital Ledger Technology) to streamline & smooth trade finance operations. Know more.
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  • SAAB Enters New Inventory Financing Solution For KSA Importers And Exporters

    The Saudi British Bank or SABB has long since been trying to improve its offerings to re-exporters and importers in the KSA (Kingdom of Saudi Arabia). And keeping in line with this attempt, they finally completed their first sharia-compliant inventory finance transaction in March.

    According to this deal, the SABB will be financing Al Safi Dairy, a Saudi Arabian dairy company. The dairy company is a joint venture between a European multinational and a massive group in the KSA. SAAB’s funding will be related to the company’s vast exports in the region and imports of feedstock.


    SABB’s new solution is based on a Murabaha structure and is their first venture into the inventory finance area. This move came right after the new SCF or sharia-compliant supply chain finance product that they launched in the closing half of 2021. Under this scheme, the bank has resolved to provide finances for the domestic suppliers of Almunajem, Saudi Arabia’s food company.


    With this off-balance sheet solution, clients can now improve their working capital and leverage their inventory assets. They can now participate in pricing and gather goods without putting the inventory on their balance sheets.

    Read more: https://www.emeriobanque.com/news/saab-launches-ksas-inventory-financing-solution

    #Murabahastructure #feedstock #SABB #InternationalLettersofCredit #feedstock #financetransaction #InventoryFinancing
    SAAB Enters New Inventory Financing Solution For KSA Importers And Exporters The Saudi British Bank or SABB has long since been trying to improve its offerings to re-exporters and importers in the KSA (Kingdom of Saudi Arabia). And keeping in line with this attempt, they finally completed their first sharia-compliant inventory finance transaction in March. According to this deal, the SABB will be financing Al Safi Dairy, a Saudi Arabian dairy company. The dairy company is a joint venture between a European multinational and a massive group in the KSA. SAAB’s funding will be related to the company’s vast exports in the region and imports of feedstock. SABB’s new solution is based on a Murabaha structure and is their first venture into the inventory finance area. This move came right after the new SCF or sharia-compliant supply chain finance product that they launched in the closing half of 2021. Under this scheme, the bank has resolved to provide finances for the domestic suppliers of Almunajem, Saudi Arabia’s food company. With this off-balance sheet solution, clients can now improve their working capital and leverage their inventory assets. They can now participate in pricing and gather goods without putting the inventory on their balance sheets. Read more: https://www.emeriobanque.com/news/saab-launches-ksas-inventory-financing-solution #Murabahastructure #feedstock #SABB #InternationalLettersofCredit #feedstock #financetransaction #InventoryFinancing
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