Trade Finance: Key Commercial Documents

Trade finance can involve the shipment of goods halfway across the world, and having them shipped back because the buyer is reluctant to pay, can be expensive for the seller. Likewise the buyer does now want to receive a shipment of goods only to realize that there are problems with the shipment. The use of commercial documents allows both the buyer and seller trade safe in the knowledge that payment will only be made and received when all is in order. We look at the documents that traders typically include in any trade agreement.