THE POSITION OF BANKING COMPANIES IN TRADE FINANCE: OBLIGATIONS OF ISSUING, ADVISING, AND CONFIRMING BANKS

IntroductionBanking companies Engage in an important part in facilitating Worldwide trade by means of a variety of trade finance devices. Their tasks as issuing, advising, and confirming financial institutions are important for making certain the smooth flow of goods and payments across borders. Being familiar with these roles is vital for organiza