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Trade Finance Management - How Iwomen can help !

Key components on trade finance and how we can assist in managing this activity.

5/11/20251 min read

Key Components in Trade Finance Management :

Letter of Credit (LC) : - A document from a bank guaranteeing that a seller will receive payment as long as certain delivery conditions are fulfilled.
Bank Guarantees : Tools that ensure payment and performance obligations are met.
Purchase Order Financing : Funding provided against purchase orders, allowing sellers to fulfill buyer orders even if they lack sufficient capital.
Invoice Financing : Short term borrowing that allows businesses to finance their unpaid invoices.
Documentary Collections : A process where banks handle documents related to international trade transactions on behalf of the exporter and the importer.
Supply Chain Finance : A set of technologies and financing solutions that optimise cash flow by allowing businesses to extend payment terms to their suppliers while providing them with the option to get paid earlier.

Documentation Handling : - LCs, Invoices, Packing List, Air waybill and all shipping related documents are collated together for forward presentation to the bank for their reviews.
Collaboration with Banks : Establish strong relationships with bank & financial institutions on behalf of clients to faciliate smoother transactions.
Engagement with trade specialists : Building up good relationship with trade specialists to gain insights into maximising
trade finance products for the benefit of clients.
Training & Development : Provide ongoing training for staff involving in trade finance to keep them updated on
regulatory requirements and market practices.
Improving Communications : Be the bridge between the client and the bank . Clear communications to be relayed to
importers / exporters / bankers & logistics providers in the transaction.
Adherence to Compliance and Regulations : Stay informed on behalf of the client on international regulations, including export & import laws, tariffs, sanctions to avoid penalties and ensure smooth operations.
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