This guide examines the state of trade finance, focusing on the two core trade products — letters of credit and documentary collections. It highlights some innovations that have been adopted and explains the hurdles that still prevent wholesale digitalization of global trade finance.
Underwritten by MUFG, a long-standing BAFT member, the guide includes input from our very own Scott Stevenson, SVP for Trade, and Deepa Sinha, VP for Payments and Financial Crime.