Generic Trade Finance Products

Banks active in Trade Finance generally offer or deal with following products :

Click for Glossary of International Trade Terms( * click on each product below and obtain its full definition).

<--GLOSSARY


. Documentary Credits (also traditionally called "L/C") * 
. Documentary collections *
. Commercial Stand-by letters of credit *
. Purchase of Claim Agreement ("silent confirmation") *
. "Back-to-back" financing against confirmed export d/credit *
. Transfers of documentary credits or assignment of proceeds *
. Sureties and guarantees (Payment guarantees, Bid Bond,
  Performance Bonds, Advance payment guarantee) *
. Advances (with/without recourse) out of commercial
  d/credits *
. Forfaiting (discounting of commercial receivables)
. Export financings partially guaranteed by export
  credit agency *
. Bills of exchange / Promissory note *
                                                             
                            . Do you know how to issue a bill of
                              exchange ?
                              If not,  click here for an example !  

Click to order the new UCP 600 !UCP 600 2007 Revision Approved
ICC’s Latest Rules on Documentary Credits

By a unanimous vote of 91 to 0, the ICC Banking Commission on 25 October, 2006 approved UCP 600, ICC's revised rules on documentary credits. ICC Services will be publishing the rules in both book and leaflet formats in the coming weeks.



Click to order ISBP (600)ISBP (International Standard Banking Practice) answers key questions relating to the examination of drafts, multimodal transport documents, insurance documents, certificates of origin and a range of other documents associated with letters of credit. The text is based on the official Opinions issued by the ICC Banking Commission in response to queries submitted by users of UCP 500 now replaced by UCP 600 (see below).

 
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. "One Line" services :

   - Direct Trade Finance
   - Elcy 
   - Bolero
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Click on the picture below and enter to UNCITRAL Convention on International Bills of Exchange and International Promissory Notes, 1988.

Click and get UNCITRAL Convention on International Bills of Exchange and International Promissory Notes, 1988