International Trade Finance Services Platform , International Trade Finance Services Platform for Trade The International Financial Services Centres Authority (IFSCA) has been set up vide IFSCA Act, 2019 to develop and regulate the financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs). Towards this end, IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform (‘ITFS’) for providing Trade Finance Services at International Financial Services Centres (‘IFSCs’).
The framework will enable Exporters and Importers to avail various types of trade finance facilities at competitive terms, for their international trade transactions through a dedicated electronic platform viz, ITFS. This will help in their ability to convert their trade receivables into liquid funds and to obtain short term funding.
This framework will provide an opportunity to the participants to avail trade finance facilities for trade transactions such as Export Invoice Trade Financing, Reverse Trade Financing, Bill discounting under Letter of Credit, Supply Chain Finance for Exporters, Export Credit (Packing Credit), Insurance/ Credit Guarantee, Factoring and any other eligible product, on the ITFS platform.
The complete text of the Circular is available on the IFSC website at https://ifsca.gov.in/Circular
International Trade Finance Services platform (‘ITFS’) for providing Trade Finance Services at International Financial Services Centres (‘IFSCs’)
Trade Finance Services to Help Overseas Importers & Exporters
Emerio Banque is an innovative trade finance service provider addressing working capital obstacles through advanced and secure import/export trade finance service depending on the requirement of businesses. Our trade finance solutions are designed for overseas importers & exporters to experience global trade opportunities with more confidence, enthusiasm, and agility. Here are some key financial instruments designed by Emerio to cater the need of global corporates and individuals:
International Trade Finance Instruments By Emerio Banque
1. Letter of Credit
2. Bank Guarantees
3. Documentary Collection
4. Lending Services
5. Investment & Transactional Services
Is a Trade Finance Service Platform Necessary For Businesses?
International Trade Finance Services Platform Trade finance instruments have a key role in improving a business’s liquidity, and cash flow by reducing associated risks with an overseas trade transaction. Being an importer, the lack of sufficient amounts of cash is the biggest hurdle to make secure import orders. On one hand, where the bank also does not provide assistance until the importers submit a valuable collateral or organized financial statements with them, the suppliers also demand advance payment to secure their delivery of goods & services. Here, Emerio Banque helps initiating international trade transactions with a variety of trade finance solutions. We generate flexible trade financial instruments to guarantee payments in an ongoing trade transaction and help importers safely purchase goods from exporters.
1. An easier way to arrange short-term finance
2. More focused on business growth activities
3. Secured finance
4. Reduced risk of non-payment
5. A relaxing way to collect payment from buyers
6. Less dependence on banks for securing additional funds
Import Finance Services
Emerio Banque offers import trade finance service to provide funding for bringing goods from one country into another. Through a vast variety of import financing services, we are improving the overall import trade quality and funding the gap between receiving the goods & sending the payments to the concerning exporters. Our short-term import finance services, from import letters of credit to bank guarantee services are designed to make cross-border trade transactions easier, flexible and less risky.
Export Finance Services
Export finance services by us enables the exporters managing their business activities till the payment is due from importers. Not getting payment on-time can affect any business’s cash flow on a stake, arrest growth, and in some cases, leads to insolvency. We help exporters with the surety letter of the payment through a financial instrument to mitigate the finance gap on their international business transactions.
Restructuring The Global Trade Businesses With Our Financial Instruments
We are offering a wide range of customized trade finance service for import/export businesses to meet their financial goals with a better working capital flow. Our trade finance services have made us a reliable choice among importers/exporters across borders for business financing.
International Trade Finance Services Platform for trade finance services
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