What Is Trade Finance? A Complete Guide for Global Businesses

Diagram showing trade finance flow between exporter, importer, and their banks, including letter of credit, shipment, and payment steps.

Understanding Trade Finance: Essentials for Global Business According to the World Trade Organization (WTO), trade finance is a critical tool for facilitating trade transactions, accounting for 80 to 90 percent of the global trade. Moreover, trade finance not only streamlines international trade transactions but also supports global financial stability and efficiency. What is trade finance? Basically, trade finance […]