Trade Finance Product Workflow

Event: Workshop on AML/CFT and Trade Finance

Trade Finance Product Workflow

27 June 2019
Author / Speaker: 
Vincent O'Brien, ICC Banking Commission - Email the author | Other materials by the author

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In this presentation, Mr. O'Brien discussed the process involving documentary credits, a payment mechanism in international trade which provides an economic guarantee from a creditworthy bank to an exporter of goods. Also known as letters of credit, these are used in the financing of international trade, where the reliability of contracting parties are not readily and easily determined. ​

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Learning Event


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