THE PURPOSE OF BANKING COMPANIES IN TRADE FINANCE: TASKS OF ISSUING, ADVISING, AND CONFIRMING BANKING COMPANIES

IntroductionBanking companies Engage in an important purpose in facilitating Worldwide trade through a variety of trade finance devices. Their duties as issuing, advising, and confirming banks are important for ensuring The sleek flow of products and payments across borders. Knowledge these roles is significant for companies engaged in internationa