THE FUNCTION OF FINANCIAL INSTITUTIONS IN TRADE FINANCE: OBLIGATIONS OF ISSUING, ADVISING, AND CONFIRMING FINANCIAL INSTITUTIONS

IntroductionBanking institutions Perform an important job in facilitating Global trade by means of different trade finance devices. Their duties as issuing, advising, and confirming banks are important for ensuring The graceful movement of products and payments across borders. Being familiar with these roles is important for businesses engaged in w