THE POSITION OF BANKING INSTITUTIONS IN TRADE FINANCE: RESPONSIBILITIES OF ISSUING, ADVISING, AND CONFIRMING BANKING INSTITUTIONS

IntroductionBanking institutions play a crucial function in facilitating Worldwide trade by means of a variety of trade finance devices. Their duties as issuing, advising, and confirming banking companies are essential for making certain the smooth flow of products and payments throughout borders. Being familiar with these roles is important for bu