Trade working capital is the variation among current assets and current liabilities immediately related to daily business processes. It represents working capital, which considers all current assets and liabilities, more nearly to decide if a business has sufficient cash on
Read MoreAn overdraft is an instrument of finance that still has withdrawn the process of money from the saving and current account, even in case the account balance goes below zero. This is a kind of expansion of the limit of
Read MoreBid bond is an enterprise that the bank issued for its customers while the client submits any kind of tender to the included parties. In addition, it is issued to the developer to protect their fiscal peril. In the situation
Read MoreThe performance bond issued by one party for contract to another party like a guarantee against the issuing party’s failure to fulfill this obligation that specified in the contract, or for deliver at the performance level that stipulated in the
Read MoreAn advance payment guarantee is also known as an advance payment bond. A contract in which the issuer is responsible for fulfilling the obligation of a contract given by one person to another if the first-person defaults. The obligations of
Read MoreThe business is connected to risk in a certain way. That’s why trade partners use bank guarantees to make sure the security of negotiated transactions. If you looking for a bank guarantee, then we at Mustufa Yusuf Commercial are here
Read MoreA bank comfort letter is a document issued by the bank on its customer’s (buyer) behalf to a supplier, assuring the supplier of the buyer’s financial ability and legitimacy in maintaining a continuous business. It is important to note that
Read MoreA trust receipt is a declaration of issuing goods from a bank to a buyer, with whom the bank holds the ownership power to the issued property. In an order including a trust receipt, the bank persists the owner of the goods,
Read MoreLooking for a reliable and genuine provider to buy or lease a standby letter of credit or a bank guarantee, then you can stop your search here and no requirement to look any further; we are professional to manage the issuance
Read MoreLetter of credit is a payment instrument used predominantly in international business in which a bank offers monetary guarantees to enterprises that deal in the export and import of goods. Letter of credit can be used for import and export.
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