Our Trade financing facility enables financial institutions to issue letters of credit and other such forms of financial guarantees to international and local based suppliers that they will be paid once they deliver the goods that meet agreed.

There are various definitions to be found online as to what trade finance is, and the choice of words used is interesting. It is described both as a ‘science’ and as ‘an imprecise term covering a number of different activities’. As is the nature of these things, both are accurate. In one form it is quite a precise science managing the capital required for international trade to flow.