Commercial banks worldwide provide a variety of services to aid in the financing of foreign...
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Commercial banks worldwide provide a variety of services to aid in the financing of foreign trade. Research a big multinational commercial bank of your choice and determine what types of letter of credit services and other trade financing services they can provide. In addition to commercial bank letters of credit what is another method to finance international trade? Consider new FinTech companies, Cryptocurrency (such as Bitcoin), governmental entities, or other organizations. If you have ever worked with trade financing please share your experiences
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