SUISSE BANK PLC

There is a vast difference between corporate and personal banking solutions. You need a different kind of expertise to handle both. The corporate solutions require a deeper understanding of how taxes work and how to manage large sums of cash inflow and out flux. On the other hand, the personal banking solutions are relatively simple. Here are a few benefits of hiring a dedicated force for a corporate banking solution . High Scalability The corporate banking solutions need to support a higher scalability since they are more prone to fluctuations. A good boost in the economy will not affect your personal income a lot, but it can easily affect your corporate income significantly. In a similar manner, you need to prepare your business to handle large financial blows in case of a financial depression . Higher Security  The level of security associated with the corporate banking is significantly higher since there are usually multiple people handling the accounts. Y...

International trade finance is a risky business. It is significantly riskier compared to national trade finance activities. Here is a brief on the major risks associated with international trade finance. Risk of Payment The biggest risk in trade finance is the risk of payment. This risk is handled by the client who is delivering the goods. If this client does not receive a timely payment for the goods, he/she is in a complete loss. Most international deliveries are extremely time-sensitive and need a wholesome series of actions in perfect succession just like a pile of dominoes falling on each other. If one domino is out of position, the entire series suffers the consequence. Risk of Receiving the Wrong Goods International trade is usually carried out by large organizations that handle the shipping experience for millions of goods every month. Even a slight miscalculation or misprint might mess up the shipping process. The receiver might not receive the goods at ...