Ukraine is selling his lands, a long waited reform by major worldwide investor. Way this low and this big interest in Ukrainian land: first of all. – Ukrainian land remains the last fertile...
Bank Guarantees lease and Trade On The Public Market.At start let’s see the legal use of a bank guarantees. If you ask us: is Bank Guarantees Traded on the Public Market? Our replay will be” No”. If...
There are two main types of bank guarantee. The first of these is a Direct Bank Guarantee. A direct bank guarantee is a guarantee which will result in payment directly to the beneficiary. The second...
Beneficiary: The beneficiary is the person who has authority to draw on the bank guarantee in the event that the bank’s client fails to make payment. The beneficiary is named specifically on the bank...
How to arrange goods export: procedure main stages. If you want to export goods, you will have to face many nuances. But there are only three main stages: The first is the provision of documents to...
One of the oldest sales tricks in the book is creating a false sense of urgency. The victim of a scam is whipped up into a frenzy by the scammer’s talk of limited time offers, high demand...
The first step in avoiding fraud understanding it, which means also understanding who the players are. This section explores both sides of the fraud coin, offering insight into those that scam, and...
Can anyone name them self trader; we think no if we focus on this from the professional side. In our days internet has made our life better in some aspects’ but gave us a lot of new problems. Now...
In all things, knowledge is power. This is especially true when it comes to commodity trading. A successful trader needs to know much more than how to obtain a letter of credit and contact sellers...
The major form of fraud taking place in international trading today is documentation fraud. It is quite common in many industries that the goods are never sighted by trader or buyer until after the...
Anyone considering a real career in international trade should learn how to recognize and weed out the joker brokers; otherwise they will literally eat all your time and energy. It is surprising how...
Letters of credit provide great capacity for fraud because they are used in transactions where goods are not sighted directly by the buyer, and are often paid for after shipment, not upon receipt...
Our skill, experience and knowledge are the main scammer’s arsenal. We are responsible for any loss of our money .most of you will blame me operating on the honest game that must be in businesses. I...
To get a Successful investing it requires a shrewd understanding of markets, a knowledge and understanding of the field in which you are investing, the financial climate surrounding the industry, and...
oil trade is one of most appreciated business after Cryptocurrency( bitcoin trade). lots of traders and specially newbie looks to enter this field regarding the income that can gain by closing any...
On the 20th, the long-awaited foreplay of the Etherium network took place with the advent of the Ether Zero crypto currency . after 3 days the mining began. The instruction on obtaining new coins was...
The primary difference between a letter of credit and bank guarantee is the level of responsibility assumed by the bank. The two also differ in their purpose, the frequency of their use, and the...
A bank guarantee is a pledge on the part of a bank to make someone’s debt good in the event that he or she cannot pay it. Bank guarantees are essentially like agreements to stand as a cosigner...
In this post we will list some major and most used credit letter type in the import export international trade(credit letter trade). Confirmed letter of credit In the event of a confirmed letter of...
Today we will try to focus on some useful info and clarify some point regarding the credit letter use and type. Maybe many of you are familiar to this terms and procedure. Our practices in trade show...