Build your professional network on facebook via our app Go to app
 
 
Posted in Community :

Trade finance

 

International trade finance and Bank Guarantees

Tags : Bank Guarantees, Export, import, trade, trade finance, international trade finance, trade finance jobs, bank, finance, credit finance, ECA, international trade, trade financing, letter of credit, export documents, import documents
Industry : Banking
Functional Area : Capital Management
Share
 
 
 
About "International trade finance and Bank Guarantees" topic:

Discuss the legal and practical issues in bonds and guarantees, highlights the areas of potential risk, shows how to circumvent looming problems, teaches effective drafting and documentation techniques and reveals how to recognize and deal with fraud. This topic should bring together international practitioners, who deal with guarantees every day and provide solutions to problems faced in daily business.

2 insight , 4 question on topic: "International trade finance and Bank Guarantees"
Start a new discussion on the topic ...
 
  •  
  •  
  •  
  •  
Start Debate
 
(rate this)
By : Eswar Sagar
Vinayak S. Gaonkar  |  Answered  |  2 years ago
Bank Guarantee is a onthersafest instrument in the part of regular business activity, so that the your business can not be suffer in the time of finacial problem. It has a very less risk due to it is purely with the name of benificiary party and...
Darwin Singh  |  Answered  |  5 years ago
Guarantees are important instruments used to minimize the risks that are involved in commercial contracts. For the enforcement of ordinary guarantees, as construed dependence of the guarantee on the main contract may lead to unnecessary disputes...
 
 
Answer: "How do bank guarantees help in commercial contracts?" deleted from your view.
Undo
 
(rate this)
If draft is mandatory, what is its impact? and if not, then why we have that in practice?
By : Mahesh Kumar R
Joseph Alex  |  Answered  |  3 years ago
If you take it literally the answer is no it is absolutely not mandatory to have a BOE but basically it depends upon the type of the bill i.e. you may have clean non LC usance bills.If the LC calls for it then it becomes absolutely mandatory on...
 
 
Answer: "Is a draft/bill of exchange is mandatory for usance bill/DA" deleted from your view.
Undo
 
(rate this)
So provide me the detail information about banking sector so that i can get exposure of it..
By : Ashutosh Pareek  | New post
 
 
Answer: "I am pursuing MBA in finance . I want to go in banking sector" deleted from your view.
Undo
 
(rate this)
People are talking about the downfall of Micro Finance Programmes. A few of them blame SHGs for the fate. In my experience, I would say it is not the fault of SHGs per se. The fault lies in the way, the SHGs are groomed and focused. The grooming should focus more on gradual increase of savings, profitable investments of larger credit and application of loan absorption capacity of the borrowing members. Micro finance will work as long as it adopts the same principles and when it is local centered and locally managed. What we need is professional approach in SHGs. It should not be replaced with large scale MFIs. It is too danger to retract when it goes wrong.
By : Jayachandran Rajarethinam
Suryanarayan Murthy  |  Commented  |  1 year ago
The fault is not with the SHGs sir ! It lies with the MFIs itself. Bowrrowing at 12-13% and lending the same to SHGs or individuals at 36% and in some cases 48% is ridiculous. Due to this, SHGs will collapse first and MFIs later. That is what...
 
 
Insight: "Micro Finance and SHGs" deleted from your view.
Undo
 
(rate this)
By : Mangala Shetty
Syed Azhar  |  Answered  |  2 months ago
If there is any issue with your CIBIL report like clearance or updation or SETTLEMENTS if the CIBIL score is less than 750 we will improve where there would not be any problem in future to apply, any Loans, Credit cards or if you getting any...
Mangala Shetty  |  Answered  |  1 year ago
Thanks a lot puneet and murthi sir. It will definatly help me. and ha i like the way puneet explain detaily.
puneet  |  Answered  |  1 year ago
The Indian Credit bureau has now come up with a process for customers to know there Cibil Score and the status. Customers who have applied in last two years for loans have been faced with issues of there loans getting rejected for Cibil reference...
 
 
Answer: "How to find CIBIL score online? any one can help?" deleted from your view.
Undo
 
(rate this)
Banks and other lending institutions must constantly balance risks and rewards. Too high a price on loan products, and you lose the customer; too low, and you starve the profit margin or take a loss. Too much capital on reserve, and you miss investment revenue; too little, and you risk regulatory noncompliance and financial instability. When every department, line of business and region measures and reports risks differently – with disparate risk management systems – it can be difficult to accurately gauge overall risk exposure and strike the right balance. In ICICI Bank this department is managed and taken care by Credit Risk Compliance Audit Department (CRC AD).   It evaluates risk at the...
By : Murugesan S
gretel  |  Commented  |  1 year ago
hello sir, this is gretel.i am doing a project on credit risk management.i wud be highly oblige if you could do me the favour & help me understand a little more.kindly pls do revert to me regrading this. my email id is arwengretel24@gmailcom...
Alok  |  Commented  |  3 years ago
Actully Risk occure due to mismanagement of monitoring data.Today when everything is available once should check the credit ranking & other aspect at sharp.A company has many reliabilities so it very important to ha
 
 
Insight: "Credit Risk Management by ICICI Bank" deleted from your view.
Undo
 
Other knowledge matching "International trade finance and Bank Guarantees" topic
Posted by: Dheeraj Singh
Activity: 4 referals , 2 comments, 419 views  
Financial engineering has provided innumerable lucrative opportunities for otherwise indigent mathematicians Nevertheless the turbulence in the bond markets in the last couple of months, at a time when the world economy’s prospects seemed set fair, have exposed a guilty secret of the financial engineering profession: its methods don’t work. First area of failure is liquidity. Theoretically, if financial engineers design ever fancier artificial securities and derivatives, but everybody uses the same mathematical models to value them, there is no reason why an active market should not operate in the securities, at whatever price the models direct. In practice this only works in calm markets. In times of market turbulence, when doubts arise about either the mathematical models themselves or the underlying assets from which value is derived, the true value of these artificial assets becomes thoroughly unclear. Buyers assess their value at the lowest possible level, and refuse to...
Posted by: Vinod Sharma
Activity: 4 referals , 3 comments, 747 views  
In world of financial engineering , I have this information to share with you . Well the financial risks could be averted by adopting these measures . Have a look at these measures and you will know ..... The concept of livelihood insurance, where contracts will protect individuals from long-term economic risks such as the loss of a paycheck or the depreciation of one's home value. The concept of what he terms "macro markets" - where individuals, corporations, and governments alike can trade or hedge risks associated with the fluctuations in GDP or national incomes. The concept of income-linked loans - where lenders will make loans to governments, corporations or individuals whose repayment terms are tied to the incomes of these entities. Such repayment terms could be a certain percentage of one's income, which would cause the outstanding balance to decline if income levels decline. This would reduce the change of bankruptcies but will also alleviate our fears of taking more risks...
Posted by: Anirban Bhattacharjee
Activity: 11 referals , 2 comments, 319 views  
  Neural networks in financial engineering Neural networks have shown considerable successes in modeling financial data series. However, a major weakness of neural modeling is the lack of established procedures for performing tests for misspecified models, and tests of statistical significance for the various parameters that have been estimated.  This is a serious disadvantage in applications where there is a strong culture for testing not only the predictive power of a model or the sensitivity of the dependent variable to changes in the inputs but also the statistical significance of the finding at a specified level of confidence. Rarely is this more important than in the case of financial engineering, where the data generating processes are dominantly stochastic and only partially deterministic. Partly a tutorial, partly a review, this paper describes a collection of typical applications in options pricing, cointegration, the term structure of interest rates and models of...
Posted by: veguru vijayakumar babu
Activity: 25 referals , 2 comments, 2782 views  
Consignment exports are exports made by Indian exporters to their agents / associates / branches / trading offices located abroad. These are also called " stock and sale " exports. The consignee, after receipt of goods will arrange for sale and after sale, repatriate the proceeds to India. In terms of FEMA, documents relating to consigment exports are to be necessarily routed through the foreign branch / foreign correspondent bank of the exporter's bank in India. Exporter's bank in India should instruct the foreign bank to deliver the documents to the consignee against a trust receipt or undertaking to deliver the sale proceeds of the export with in the prescribed period for realisation of export. Further, the freight and insurance on the export are to be arranged  in India and paid by the Indian exporter only, i.e. export to be necessarily on CIF terms. The expenses relating to receipt of goods, warehousing, advertisement, selling and administration etc will be deducted from the...
Posted by: RAHUL SMITH
Activity: 562 referals , 38 comments, 1620 views  
One young academically excellent person went for an interview for a managerial position in a big company. He passed the first interview; BUT in that Company, the director did the last interview, made the last decision. The director discovered from the CV, that the youth's academic result was excellent all the way, from the secondary school until the postgraduate research, never was there a year he did not score. The director asked, "Did you obtain any scholarship in school?" and the youth answered "no". The director asked, " Did your father pay your school fees?". The youth answered, "my father passed away when I was one year old and it was my mother who paid my school fees". The director asked, " Where did your mother work?" the youth answered, "my mother worked as cloth cleaner." The director requested the youth to show his hands and the youth showed a pair of hands that was smooth and perfect to the director. The director asked, " Did you ever help your mother wash clothes...
Leading recruitment Firm, Permanent Staffing, Temporary Staffing, Executive Search & Selection, and RPO
TSYS Consultant, Teamware Solutions
Openings for Graduate Freshers For Junior HR Executives., Teamware Solutions, Bangalore
 
 
Similar Topics
Letters of Credit (L/Cs) are important financing instruments in...
2 insight , 3 debates , 1 question  
Discuss the risk areas where Exporters and Importers commonly are faced with...
2 insight , 1 debates , 1 idea contests  
Technology is driving a new level of efficiency in trade finance by...
2 debates , 1 question  
Discuss & Share trends witnessed in trade finance in India.
1 trends , 2 debates  
The key objective of ECAs & international financial institutions is...
1 trends , 4 insight , 2 question