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Trade Finance

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Historically, banks would have been the only provider of funds that a business needed to pay overseas suppliers for goods and services. Typically, the bank would raise a Letter of Credit or Promisory Note to the supplier’s overseas bankers to help secure the purchase. Independent trade finance houses now exist and their high levels of expertise and experience with overseas trading often add value to the transactions. Trading with overseas suppliers and customers can be risky, but the independent trade finance houses that we refer to are able to provide peace of mind and ensure that payments are made safely and within the terms agreed with the client.

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