[UPDATED 2025] A Standby Letter of Credit (SBLC / SLOC) is seen as a guarantee that is provided to a potential buyer or contractor. An SBLC is payable when called upon by the beneficiary and may be ...

Treasury Management is a key component of business operations in any enterprise. In the current business landscape, the importance of treasury management really can’t be understated. As regulation and ...

Trade Finance Global interviewed Pradeep Taneja, Managing Director of Taneja Global Trade Consulting, Bahrain and Co-Chairman and Board member of ICC Bahrain to learn more about Letters of Credit. To ...

Commodity Finance (SIC 19) Commodity finance (CF) is the term used for funding the trade of commodities. CF is a type of trade finance, often split into metals and mining, soft commodities and energy.

[UPDATED 2025] LCs versus BGs: A Letter of Credit (LC) is a promise taken on by a bank to pay a party once certain criteria are met, whereas a Bank Guarantee is a bank's commitment to pay the ...

Letters of Credit Welcome to TFG’s Letters of Credit hub. Find out how we can help you access Letters of Credit to increase your imports and exports to guarantee the payment and delivery of goods – or ...

TFG Trade, Treasury & Payments Awards The TFG Awards recognise those who have provided an outstanding contribution to global trade, treasury and cross-border payments. The TFG Awards are presented ...

The purpose of Bonds and Guarantees is to provide the buyer with insurance of sorts should there be a failure by the seller to meet their contractual obligations. The 3 different types of bonds and ...

Mark heads up the trade finance offering at TFG where his team focuses on bringing in alternative structured finance to international trading companies. Welcome to the TFG Trade Finance hub. Find out ...

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Reefer containers, short for refrigerated containers (one of the six types of containers in freight forwarding) control the temperature of their cargo.

[UPDATED 2025] Bills of Exchange and Promissory Notes are independent payment undertakings (debt obligations) from one person to another. They are codified under the Bills of Exchange Act 1882, which ...