-
What is Trade Finance?
http://www.tradefinanceglobal.com/finance-products/trade-finance/
What is Trade Finance?
Transcript:
Hi, I’m Sam, and I want to tell you all about trade finance, and along the journey, this might even help your clients.
Did you know, around 80-90% of global trade is reliant on trade and supply chain finance, which is estimated to be worth around $10 trillion US dollars a year.
We want to help explain some of the concepts behind trade finance, should it ever be useful for you to explain or help your clients.
Sometimes banks might not be the best funding option. We’ve seen increasing regulation, reduced standard lending, and SMEs finding it difficult to access finance from traditional means. Is this really the case?
Absolutely not! At Trade Finance Global, we help companies find debt f...
published: 07 Jul 2016
-
Standard Chartered Explains - Trade Finance
With over 80 per cent of world trade dependent on trade finance, today's global markets would look very different without this vital support underpinning the transfer of goods and services.
Watch our quick video, to find out how trade finance works.
published: 29 May 2014
-
A brief introduction to Euro Exim Bank | Best Trade Finance Bank #EuroEximBank
Euro Exim Bank was founded in 2015, with headquarters in Saint Lucia, West Indies and representative office in London, UK. The Company started with five staff and currently has over 200. We plan to have the biggest sales force world-wide. We have opened up an associate office in Chennai, India, Dubai and Singapore.
Our intention is to be the biggest, the best and the largest provider of financial services world-wide in Trade Finance and to provide our services to buyers and sellers in any jurisdiction.
Visit: https://www.euroeximbank.com/
published: 22 Dec 2020
-
An Introduction to Trade Finance
Trade Finance is a financial tool that helps move goods from one place to another. It is the backbone of global trade, which sees all the products you use daily move from production, through processing and into consumption.
Our services are tailored specifically to each trade flow, covering every stage of the supply chain. We use the experience and knowledge that we have built over 160 years to help you find the right solution.
published: 01 Oct 2020
-
22. Trade Finance & Supply Chain
MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: https://ocw.mit.edu/15-S12F18
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
Prof. Gensler explores trade finance, its attributes, and the significant activity of blockchain technology behind it.
License: Creative Commons BY-NC-SA
More information at https://ocw.mit.edu/terms
More courses at https://ocw.mit.edu
published: 23 Jan 2020
-
Banks team with IBM for blockchain-powered trade finance
Digital technologies such as blockchain, APIs and cloud are empowering new innovative business models in the banking industry. Learn how multiple banks have joined together in a consortium to use a digital trade chain to provide efficiency, transparency and security enabling expansion of trade financing to a growing network of small and medium enterprises. Discover how IBM Blockchain, IBM API Connect and IBM MQ support the digital trade chain. Learn more: http://ibm.biz/APIeconomyYT
published: 30 May 2018
-
Watch Citadel's high-speed trading in action
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
#CNN
#Business
#StockMarket
CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward.
Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta
CNN Business on social media:
Facebook: http://bit.ly/2Ts9w1T
Twitter: http://bit.ly/3au548r
Instagram: http://bit.ly/2VQPuzF
'I don't feel like a pro, but I'm acting like a pro.' These GameStop traders struck gold. Then came the hard part.
https://www.cnn.com/2022/02/01/investing/gamestop-meme-stock-anniversary/index.html
published: 05 Jul 2013
-
Best Practices in Trade Finance
This video will overview some best practices in international trade transactions.
published: 19 Aug 2014
-
BT Future of Finance : Transaction banking and trade finance (Ep 1)
As a leader in transaction banking for trade finance clients, HSBC believes every challenge is an opportunity. How can your business keep up with the evolution to better position itself for the future? The Business Times speaks to Shayan Hazir, chief digital officer, HSBC to find out. This episode is presented by HSBC.
published: 10 Nov 2022
-
The Difference Between Trading and Investing
This video was sponsored by Squarespace. Visit https://www.squarespace.com/theplainbagel to save 10% off your first purchase of a website or domain using code THEPLAINBAGEL.
If you'd like to support the channel, you can do so at Patreon.com/ThePlainBagel :)
Intro/Outro Music: https://www.bensound.com/royalty-free-music
There's no clear line between what counts as trading and what counts as investing, but the two are nonetheless very different practices, and most investors are best served avoiding the former. Why? We answer that question in today's video.
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel...
published: 26 Jun 2020
5:30
What is Trade Finance?
http://www.tradefinanceglobal.com/finance-products/trade-finance/
What is Trade Finance?
Transcript:
Hi, I’m Sam, and I want to tell you all about trade fina...
http://www.tradefinanceglobal.com/finance-products/trade-finance/
What is Trade Finance?
Transcript:
Hi, I’m Sam, and I want to tell you all about trade finance, and along the journey, this might even help your clients.
Did you know, around 80-90% of global trade is reliant on trade and supply chain finance, which is estimated to be worth around $10 trillion US dollars a year.
We want to help explain some of the concepts behind trade finance, should it ever be useful for you to explain or help your clients.
Sometimes banks might not be the best funding option. We’ve seen increasing regulation, reduced standard lending, and SMEs finding it difficult to access finance from traditional means. Is this really the case?
Absolutely not! At Trade Finance Global, we help companies find debt funding. We’re impartial, flexible and work with most funders on the market to ensure SMEs really do get the most appropriate source of funding to help them grow.
So what do we offer? In a nutshell, we offer business finance solutions, through our network of lenders to companies.
This video covers trade finance – which is one type of debt finance, how it works, and everything you need to know to explain it.
What is trade finance? Trade finance is an umbrella term encompassing many types of debt finance, including those which we offer, such as, invoice finance, factoring, letters of credit, forfaiting, export credit, open account, cash advance, documentary collections, guarantees and structured finance– some of which we will discuss in later videos.
Today we’ll be talking to you about core ‘trade finance’ and how it works.
Most people think that trade finance involves international trade, however, it often just involves domestic or internal trade.
So, how does it work?
A trade finance transaction will require a seller of goods and services as well as a buyer. A lender would come in and fund this trade.
Trade finance is relevant where a seller requires a buyer to prepay for goods shipped.
In traditional long-standing relationships, there is often a lot of trust between the seller and the buyer, where they may trade on open account terms. However, in most trading relationships, trade finance will be used.
What is needed?
As an example, the buyer wants to reduce their risk by asking the seller to document that the goods have been shipped.
The buyer’s bank assists by providing a letter of credit to the seller (or the seller’s bank) providing for payment upon presentation of certain documents, such as a bill of lading.
The type of document used in the process depends on the nature of the transaction and how evidence of performance can be shown (i.e. bill of lading to show shipment).
Trade finance is the type of finance used by buyers and sellers to assist with the trade cycle funding gap. So, if you’re a UK buyer purchasing clothes from China, you might use a trade finance facility to mitigate and reduce risk.
Lenders who assist with bridging this finance gap will normally require a number of elements to make sure that the transactions are safe, effective and secure.
They will ensure:
- Control the financial elements of the transaction
- Monitor the trade cycle throughout the trade
- Security of the goods and the debt, which is also known as a receivable
What’s the risk?
When trading goods, either the buyer or the seller will have to take some form of risk.
A seller wants payment upfront, whilst a buyer would want to defer payment by receiving some form of credit terms.
So how does trade finance help?
It’s often difficult to convince a seller to provide extended payment terms, as they normally want the cash upfront.
This is particularly difficult when trading with unfamiliar partners.
Paying sellers up front for goods can be difficult when businesses are under pressure to sell products on to their end customers.
With trade finance, payments are made directly to UK or overseas sellers, which bridges the funding gap between paying suppliers and being paid by customers.
At Trade Finance Global, we know that standard forms of debt don’t work, and most business owners are not keen to put up standard security.
Within trade finance, instead, it’s possible to use purchase orders, invoices, insurance and goods to be used as security.
So, how does it work?
Using a Trade Finance facility is straightforward:
1. Firstly, an order is placed with a supplier;
2. The funder then pays the seller upon guarantee of the goods being shipped.
3. Goods are shipped and delivered to the end customers of the company and
4. Finally, the buyer repays the lender. Depending on what is agreed, this may be within 90 days from the transaction date
https://wn.com/What_Is_Trade_Finance
http://www.tradefinanceglobal.com/finance-products/trade-finance/
What is Trade Finance?
Transcript:
Hi, I’m Sam, and I want to tell you all about trade finance, and along the journey, this might even help your clients.
Did you know, around 80-90% of global trade is reliant on trade and supply chain finance, which is estimated to be worth around $10 trillion US dollars a year.
We want to help explain some of the concepts behind trade finance, should it ever be useful for you to explain or help your clients.
Sometimes banks might not be the best funding option. We’ve seen increasing regulation, reduced standard lending, and SMEs finding it difficult to access finance from traditional means. Is this really the case?
Absolutely not! At Trade Finance Global, we help companies find debt funding. We’re impartial, flexible and work with most funders on the market to ensure SMEs really do get the most appropriate source of funding to help them grow.
So what do we offer? In a nutshell, we offer business finance solutions, through our network of lenders to companies.
This video covers trade finance – which is one type of debt finance, how it works, and everything you need to know to explain it.
What is trade finance? Trade finance is an umbrella term encompassing many types of debt finance, including those which we offer, such as, invoice finance, factoring, letters of credit, forfaiting, export credit, open account, cash advance, documentary collections, guarantees and structured finance– some of which we will discuss in later videos.
Today we’ll be talking to you about core ‘trade finance’ and how it works.
Most people think that trade finance involves international trade, however, it often just involves domestic or internal trade.
So, how does it work?
A trade finance transaction will require a seller of goods and services as well as a buyer. A lender would come in and fund this trade.
Trade finance is relevant where a seller requires a buyer to prepay for goods shipped.
In traditional long-standing relationships, there is often a lot of trust between the seller and the buyer, where they may trade on open account terms. However, in most trading relationships, trade finance will be used.
What is needed?
As an example, the buyer wants to reduce their risk by asking the seller to document that the goods have been shipped.
The buyer’s bank assists by providing a letter of credit to the seller (or the seller’s bank) providing for payment upon presentation of certain documents, such as a bill of lading.
The type of document used in the process depends on the nature of the transaction and how evidence of performance can be shown (i.e. bill of lading to show shipment).
Trade finance is the type of finance used by buyers and sellers to assist with the trade cycle funding gap. So, if you’re a UK buyer purchasing clothes from China, you might use a trade finance facility to mitigate and reduce risk.
Lenders who assist with bridging this finance gap will normally require a number of elements to make sure that the transactions are safe, effective and secure.
They will ensure:
- Control the financial elements of the transaction
- Monitor the trade cycle throughout the trade
- Security of the goods and the debt, which is also known as a receivable
What’s the risk?
When trading goods, either the buyer or the seller will have to take some form of risk.
A seller wants payment upfront, whilst a buyer would want to defer payment by receiving some form of credit terms.
So how does trade finance help?
It’s often difficult to convince a seller to provide extended payment terms, as they normally want the cash upfront.
This is particularly difficult when trading with unfamiliar partners.
Paying sellers up front for goods can be difficult when businesses are under pressure to sell products on to their end customers.
With trade finance, payments are made directly to UK or overseas sellers, which bridges the funding gap between paying suppliers and being paid by customers.
At Trade Finance Global, we know that standard forms of debt don’t work, and most business owners are not keen to put up standard security.
Within trade finance, instead, it’s possible to use purchase orders, invoices, insurance and goods to be used as security.
So, how does it work?
Using a Trade Finance facility is straightforward:
1. Firstly, an order is placed with a supplier;
2. The funder then pays the seller upon guarantee of the goods being shipped.
3. Goods are shipped and delivered to the end customers of the company and
4. Finally, the buyer repays the lender. Depending on what is agreed, this may be within 90 days from the transaction date
- published: 07 Jul 2016
- views: 166762
1:42
Standard Chartered Explains - Trade Finance
With over 80 per cent of world trade dependent on trade finance, today's global markets would look very different without this vital support underpinning the tr...
With over 80 per cent of world trade dependent on trade finance, today's global markets would look very different without this vital support underpinning the transfer of goods and services.
Watch our quick video, to find out how trade finance works.
https://wn.com/Standard_Chartered_Explains_Trade_Finance
With over 80 per cent of world trade dependent on trade finance, today's global markets would look very different without this vital support underpinning the transfer of goods and services.
Watch our quick video, to find out how trade finance works.
- published: 29 May 2014
- views: 11442
1:37
A brief introduction to Euro Exim Bank | Best Trade Finance Bank #EuroEximBank
Euro Exim Bank was founded in 2015, with headquarters in Saint Lucia, West Indies and representative office in London, UK. The Company started with five staff ...
Euro Exim Bank was founded in 2015, with headquarters in Saint Lucia, West Indies and representative office in London, UK. The Company started with five staff and currently has over 200. We plan to have the biggest sales force world-wide. We have opened up an associate office in Chennai, India, Dubai and Singapore.
Our intention is to be the biggest, the best and the largest provider of financial services world-wide in Trade Finance and to provide our services to buyers and sellers in any jurisdiction.
Visit: https://www.euroeximbank.com/
https://wn.com/A_Brief_Introduction_To_Euro_Exim_Bank_|_Best_Trade_Finance_Bank_Euroeximbank
Euro Exim Bank was founded in 2015, with headquarters in Saint Lucia, West Indies and representative office in London, UK. The Company started with five staff and currently has over 200. We plan to have the biggest sales force world-wide. We have opened up an associate office in Chennai, India, Dubai and Singapore.
Our intention is to be the biggest, the best and the largest provider of financial services world-wide in Trade Finance and to provide our services to buyers and sellers in any jurisdiction.
Visit: https://www.euroeximbank.com/
- published: 22 Dec 2020
- views: 10053
2:24
An Introduction to Trade Finance
Trade Finance is a financial tool that helps move goods from one place to another. It is the backbone of global trade, which sees all the products you use daily...
Trade Finance is a financial tool that helps move goods from one place to another. It is the backbone of global trade, which sees all the products you use daily move from production, through processing and into consumption.
Our services are tailored specifically to each trade flow, covering every stage of the supply chain. We use the experience and knowledge that we have built over 160 years to help you find the right solution.
https://wn.com/An_Introduction_To_Trade_Finance
Trade Finance is a financial tool that helps move goods from one place to another. It is the backbone of global trade, which sees all the products you use daily move from production, through processing and into consumption.
Our services are tailored specifically to each trade flow, covering every stage of the supply chain. We use the experience and knowledge that we have built over 160 years to help you find the right solution.
- published: 01 Oct 2020
- views: 8988
1:10:09
22. Trade Finance & Supply Chain
MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: https://ocw.mit.edu/15-S12F18
YouTube Playlist: https://www....
MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: https://ocw.mit.edu/15-S12F18
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
Prof. Gensler explores trade finance, its attributes, and the significant activity of blockchain technology behind it.
License: Creative Commons BY-NC-SA
More information at https://ocw.mit.edu/terms
More courses at https://ocw.mit.edu
https://wn.com/22._Trade_Finance_Supply_Chain
MIT 15.S12 Blockchain and Money, Fall 2018
Instructor: Prof. Gary Gensler
View the complete course: https://ocw.mit.edu/15-S12F18
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
Prof. Gensler explores trade finance, its attributes, and the significant activity of blockchain technology behind it.
License: Creative Commons BY-NC-SA
More information at https://ocw.mit.edu/terms
More courses at https://ocw.mit.edu
- published: 23 Jan 2020
- views: 115631
2:48
Banks team with IBM for blockchain-powered trade finance
Digital technologies such as blockchain, APIs and cloud are empowering new innovative business models in the banking industry. Learn how multiple banks have joi...
Digital technologies such as blockchain, APIs and cloud are empowering new innovative business models in the banking industry. Learn how multiple banks have joined together in a consortium to use a digital trade chain to provide efficiency, transparency and security enabling expansion of trade financing to a growing network of small and medium enterprises. Discover how IBM Blockchain, IBM API Connect and IBM MQ support the digital trade chain. Learn more: http://ibm.biz/APIeconomyYT
https://wn.com/Banks_Team_With_Ibm_For_Blockchain_Powered_Trade_Finance
Digital technologies such as blockchain, APIs and cloud are empowering new innovative business models in the banking industry. Learn how multiple banks have joined together in a consortium to use a digital trade chain to provide efficiency, transparency and security enabling expansion of trade financing to a growing network of small and medium enterprises. Discover how IBM Blockchain, IBM API Connect and IBM MQ support the digital trade chain. Learn more: http://ibm.biz/APIeconomyYT
- published: 30 May 2018
- views: 2023
2:51
Watch Citadel's high-speed trading in action
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
#CNN
#Business
#StockMarket
CNN Busin...
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
#CNN
#Business
#StockMarket
CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward.
Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta
CNN Business on social media:
Facebook: http://bit.ly/2Ts9w1T
Twitter: http://bit.ly/3au548r
Instagram: http://bit.ly/2VQPuzF
'I don't feel like a pro, but I'm acting like a pro.' These GameStop traders struck gold. Then came the hard part.
https://www.cnn.com/2022/02/01/investing/gamestop-meme-stock-anniversary/index.html
https://wn.com/Watch_Citadel's_High_Speed_Trading_In_Action
Citadel Group, a high-frequency trading firm located in Chicago, trades more stocks each day than the floor of the NYSE.
#CNN
#Business
#StockMarket
CNN Business brings you the latest news about the companies, personalities, and innovations that are driving business forward.
Interested in more of CNN Business? Subscribe to our channel: http://bit.ly/3cz80Ta
CNN Business on social media:
Facebook: http://bit.ly/2Ts9w1T
Twitter: http://bit.ly/3au548r
Instagram: http://bit.ly/2VQPuzF
'I don't feel like a pro, but I'm acting like a pro.' These GameStop traders struck gold. Then came the hard part.
https://www.cnn.com/2022/02/01/investing/gamestop-meme-stock-anniversary/index.html
- published: 05 Jul 2013
- views: 9936811
21:41
Best Practices in Trade Finance
This video will overview some best practices in international trade transactions.
This video will overview some best practices in international trade transactions.
https://wn.com/Best_Practices_In_Trade_Finance
This video will overview some best practices in international trade transactions.
- published: 19 Aug 2014
- views: 4080
18:53
BT Future of Finance : Transaction banking and trade finance (Ep 1)
As a leader in transaction banking for trade finance clients, HSBC believes every challenge is an opportunity. How can your business keep up with the evolution ...
As a leader in transaction banking for trade finance clients, HSBC believes every challenge is an opportunity. How can your business keep up with the evolution to better position itself for the future? The Business Times speaks to Shayan Hazir, chief digital officer, HSBC to find out. This episode is presented by HSBC.
https://wn.com/Bt_Future_Of_Finance_Transaction_Banking_And_Trade_Finance_(Ep_1)
As a leader in transaction banking for trade finance clients, HSBC believes every challenge is an opportunity. How can your business keep up with the evolution to better position itself for the future? The Business Times speaks to Shayan Hazir, chief digital officer, HSBC to find out. This episode is presented by HSBC.
- published: 10 Nov 2022
- views: 2088
10:29
The Difference Between Trading and Investing
This video was sponsored by Squarespace. Visit https://www.squarespace.com/theplainbagel to save 10% off your first purchase of a website or domain using code T...
This video was sponsored by Squarespace. Visit https://www.squarespace.com/theplainbagel to save 10% off your first purchase of a website or domain using code THEPLAINBAGEL.
If you'd like to support the channel, you can do so at Patreon.com/ThePlainBagel :)
Intro/Outro Music: https://www.bensound.com/royalty-free-music
There's no clear line between what counts as trading and what counts as investing, but the two are nonetheless very different practices, and most investors are best served avoiding the former. Why? We answer that question in today's video.
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers.
https://wn.com/The_Difference_Between_Trading_And_Investing
This video was sponsored by Squarespace. Visit https://www.squarespace.com/theplainbagel to save 10% off your first purchase of a website or domain using code THEPLAINBAGEL.
If you'd like to support the channel, you can do so at Patreon.com/ThePlainBagel :)
Intro/Outro Music: https://www.bensound.com/royalty-free-music
There's no clear line between what counts as trading and what counts as investing, but the two are nonetheless very different practices, and most investors are best served avoiding the former. Why? We answer that question in today's video.
DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel - those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers.
- published: 26 Jun 2020
- views: 1666243