SUISSE BANK PLC

Trade finance corresponds to monetary activities related to international and commercial trade. Since 1983, the concept has been under constant review and monitoring. The constituents of international trade finance goes from lending to insurance of letters of credits, insurance, export credit, to highly structured debt ECA financing and bonds.  Companies involved in international trade finance include banks and financiers, importers and exporters, export credit agencies, insurers and other service providers.  Defining Trade Finance There are many definitions of trade finance online. It is often described as both science and a vague term that covers myriads of activities. Both are accurate, but only up to a certain extent. In one way, trade finance providers manage capital needed for international trade flow. However, in this science, there are many tools for financiers to use which determines how investments, cash, credit and assets can be utilised for the purpos...

We live in a truly global environment today. The telephone was the first step towards lightning fast communication across the globe. However, it did not create an impact as significant as the internet. With the internet, it is easy for multi-national banks to provide some of the best private banking services to its customers at a lightning fast speed. Trade finance is one such banking sector that is almost completely reliant on the internet today. When it comes to banking with some of the largest banks, we cannot forget the importance of trade finance. Here is how trade finance plays a major role in the banking industry today. Facilitates Global Relationships Today, trade finance in banking facilitates the building of strong international relationships amongst the nations. It helps the world become a truly global market. With these trade finance banks, the international exporters and importers can finally rely on each other on the legal grounds. The best banks will make sure...

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 ...