Trade Finance Basics

What is Trade Finance ,[object Object],[object Object],[object Object],[object Object]

Importer Exporter Loans Goods/Services Importer Exporter Importer Exporter LC Goods/Services BG Goods/Services

Exports ,[object Object],[object Object],[object Object],[object Object],[object Object],Imports ,[object Object],[object Object],[object Object],Others ,[object Object],Trade Finance

Exports ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Exports ,[object Object],[object Object],[object Object],[object Object]

Export Finance (Pre Shipment) ,[object Object]

Export Finance (Post Shipment) Under this scheme finance is provided after shipment, i.e. the exporter ships the goods and is in need of finance.

Opening Bank Correspondent Bank Beneficiary/ Supplier/ Exporter Applicant/ Buyer/ Importer Open LC LC Sent Letter of Credit Swift Interface Procedure for Opening an LC.

Different Parties Involved In L/C’s ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Types of LC’s ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Documents to be Presented for Payment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Documents to be Presented for Payment ,[object Object],[object Object],[object Object]

Correspondent Bank Issuing Bank Exporter or Supplier or Beneficiary Carrier Buyer or Importer Documents Money Good s Goods Documents Money Documents Money Movement of Documents, Money And Goods Between the Banks of Supplier and Buyer.

Sellers Factory Dock of Export Cost of Merchandise Loading onto Vessel Transportation to The Dock Dock of Import Buyer’s Premises Bill Of Entry Import Duties & Transport Cost to the Buyer Marine/Air Insurance Ocean/Air Freight How the Goods Travel

Risk Analysis: Letters of Credit Importer Exporter ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Guarantees ,[object Object],[object Object],[object Object]

Guarantees ,[object Object],[object Object],[object Object],[object Object]

Other Type of Guarantee’s ,[object Object],[object Object],[object Object]

Guarantees ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Guarantees ,[object Object],[object Object],Mechanics: How does a transaction involving a Guarantee work? A correspondent bank is a foreign bank with which the Issuing Bank has established a relationship where secure transactions may be processed. 1 Advice of the Guarantee. 3 Guarantee is sent to a correspondent bank of the Issuing Bank for advice to the Importer. Applies for Guarantee. Issuing Bank Advising Bank 2 4 Exporter/ Applicant Importer/ Beneficiary Contract Negotiations

Trade Finance Basics

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