LS0945: An exporter in India had to export goods to Japan. Both the importer and the exporter wanted to decide the best possible ways to settle a transaction as both the parties did not wanted to face any risk with regard to delivery or non-payment of goods. Both parties decided to approach their banks. If you are the manager of the bank explain the different products and services typically offered by an international bank in the case of foreign trade

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Question: An exporter in India had to export goods to Japan. Both the importer and the exporter wanted to decide the best possible ways to settle a transaction as both the parties did not wanted to face any risk with regard to delivery or non-payment of goods. Both parties decided to approach their banks. If you are the manager of the bank explain the different products and services typically offered by an international bank in the case of foreign trade.


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