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YouTube videos prepared by well-known banks and financial institutions for educational purposes are uploaded on our website in corresponding pages. Better international trade finance information coming from reliable sources.



What Does Incoterms Mean?  INCOTERMS (International Commercial Terms) have been created by the International Chamber of Commerce in order to reach an uniform set of...

Nominated Bank

Nominated bank is another important yet not well understood term in international letter of credit transactions. May be the biggest contribution of this lack of...

Freight Containers: Classification, Sizes and Dimensions

History of Freight Containers: Standardization is one of the key elements of our modern civilization. By standardization we increase productivity, decrease costs and improve quality...
how does an import letter of credit workvideo

How Does an Import Letter of Credit Work in International Trade Transactions?

On this page, I will try to answer the question “How Does an Import Letter of Credit Work?” by explaining the import letter of...

China US Trade War – Top YouTube Videos

Since the end of World War 2 the United States of America is dominating world in terms of political, economical and technological means. Apparently they...

Proforma Invoice

In international trade, a proforma invoice means a trade document that states a commitment from the seller (exporter) to sell goods to the buyer...

Certificate of Origin

A Certificate of Origin (often abbreviated to CO, C/O, COO) is a trade document, which identifies the origin of goods that is being exported...

Confirmation and Confirmed Letter of Credit

When an irrevocable letter of credit is issued, the risk of payment rests with the issuing bank. This type of letter of credit is defined...
Swift Messages in Letters of Creditvideo

Swift Messages in Letters of Credit

SWIFT is the short form of "Society for Worldwide Interbank Financial Telecommunication". Swift defines its role in international financial transactions on its website as follows. “Our...

Documentary Collections – Cash Against Documents (CAD)

Documentary collection (D/C) is a payment method in international trade. Documentary collection is also known as Cash Against Documents (CAD) by most exporters and importers. Documentary...
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