ABSTRACT
Trade finance practices and mechanisms have evolved in a way that makes them extremely effective and versatile in nearly every market on the globe, and across a wide variety of legal, commercial and political jurisdictions. Trade and Supply Chain Finance (SCF) can help an exporter collect payment earlier, while concurrently assisting an importer to pay later than agreed, with the effect of providing liquidity to both parties. Trade and supply chain finance products and solutions offer a wide range of options around financing lending to importers, exporters and other parties involved in an international trade transaction. The objective aspects of risk can be mitigated or offset at least to some degree through business arrangements, contracting and the selection of appropriate trade and supply chain finance solutions, appropriately structured to include risk structured to include risk mitigation mechanisms. The use of Radio Frequency Identification (RFID) technology allows real-time tracking of packages or containers at any moment between shipment and delivery.
