THE ROLE OF FINANCIAL INSTITUTIONS IN TRADE FINANCE: OBLIGATIONS OF ISSUING, ADVISING, AND CONFIRMING FINANCIAL INSTITUTIONS

IntroductionFinancial institutions Perform a crucial role in facilitating Worldwide trade by means of many trade finance devices. Their duties as issuing, advising, and confirming financial institutions are important for guaranteeing The graceful flow of goods and payments across borders. Knowing these roles is vital for enterprises engaged in worl