Understanding FATF and Its Impact on International Trade: An Indian Perspective In the realm of export and Import, compliance and regulatory frameworks play a pivotal role in ensuring smooth and secure transactions across borders. One such critical framework is provided…
In international trade, businesses often face the challenge of maintaining cash flow while waiting for payment from overseas buyers. Letter of Credit (LC) discounting is a financial tool that helps exporters overcome this hurdle by converting future receivables into immediate…
In the ever-evolving global market, navigating the complexities of trade finance can be a daunting task for businesses. Engaging a trade finance advisor can be a game-changer, offering expert guidance and strategic insights to help your business thrive. One such…
Export Finance in India In India, export finance is supported by various financial institutions and government schemes. Organizations like the Export-Import Bank of India (EXIM Bank), Small Industries Development Bank of India (SIDBI), and commercial banks play a pivotal role…
To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each…
A vibrant and insightful workshop on FEMA (Foreign Exchange Management Act) and Trade Finance was held, bringing together industry participants to deepen their understanding and enhance their capabilities in these critical areas. The event was marked by engaging discussions, expert…
Factor’ has been derived from the Latin word ‘Facere’ which means ‘to make or to do’. According to Webster's Dictionary, ‘Factor’1 is an agent, as a banking or insurance company, engaged in financing the operations of certain companies or in…
Mastering International Trade: Decoding Incoterms and Payment Terms for Export-Import Success Basically, the need to write this blog came, based on my recent interaction with an MSME exporter. In my recent consultation with an MSME (Micro, Small, and Medium Enterprises)…
The RBI vide its Notification RBI/2024-25/46 A.P. (DIR Series) Circular No. 12 dated 3rd July 2024, has now permitted all ADs to facilitate remittances based on the online/physical submission of Form A2 with no limit on the amount that can…
The Foreign Exchange Management Act (FEMA) stands as a cornerstone in India's regulatory framework, overseeing foreign exchange transactions and currency dealings since its enactment in 1999. Replacing the Foreign Exchange Regulation Act (FERA), FEMA ushered in a new era of…
