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Simplified Trade Finance

Articles On Export Finance

Trade Advice
Packing Credit in Exports

Packing Credit in Exports | Meaning & The Complete Guide

Packing credit or Pre-Shipment Credit is a type of finance provided by financial institutions to exporters to make the necessary arrangements for manufacturing the goods for their export orders Read More

Trade Advice
Types of Letter of Credit

Types of Letter of Credit

There are several types of letter of credit which are used by businesses for International or Domestic trade transactions. It is important to understand these types and their purpose, to use the appropriate letter of credit for your trade transaction. Read More

Trade Advice
Forward Contract Meaning, Types, Examples & more

Forward Contract | Meaning, Types, Examples & more

A forward contract is a financial derivative that is customized between two parties, wherein a commodity is bought or sold at a predetermined price but on a future date. These contracts are not standardized or regulated by any third-party authority and are considered a type of over the counter (OTC) deal between the two parties. Read More

Trade Advice
Back to Back Letter of Credit

What is a Back to Back Letter of Credit?

When a transaction takes place between a buyer and a seller keeping an intermediary in the loop, the type of LC used in such cases is known as 'Back to Back letter of credit'. In this article get a complete understanding of what is a Back to Back LC, how it works with an example, its format, terms & conditions and associated risks. Read More

Trade Advice
Sight Letter of Credit (LC) Meaning & the Complete process

LC at Sight | Meaning & Complete process

A sight letter of credit is a document which stands as a proof of payment in return of the goods or services to be released for the transportation by the seller. Once the goods or services reach the buyer, the buyer has to pay the financial institution that provided the Sight LC. Read More