THE PURPOSE OF BANKING COMPANIES IN TRADE FINANCE: RESPONSIBILITIES OF ISSUING, ADVISING, AND CONFIRMING BANKS

IntroductionBanks Perform a crucial function in facilitating Worldwide trade by various trade finance instruments. Their duties as issuing, advising, and confirming banks are essential for making sure the smooth circulation of goods and payments across borders. Knowing these roles is important for enterprises engaged in world commerce.Issuing Banki