Triangular Trade, Triangle Shipment (offshore Shipment)

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moneo
Posts: 17
Joined: Sat May 25, 2013 9:52 pm
First Name: MOUSA
Last Name: ALMOUSA
Organization: ALAWWAL BANK
Filter: Two Plus Two =: 4
Location: SAUDI ARABIA

Triangular Trade, Triangle Shipment (offshore Shipment)

Post by moneo » Thu Dec 07, 2017 10:57 am

Dears,

I would like to see your valuable comments on when a company decided to ship from one country to another without having the cargo touch their home country.

What are the risk as bank?
What are the solutions to mitigate such risk?

Thanks and regards
Last edited by moneo on Wed Dec 13, 2017 2:18 pm, edited 1 time in total.

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

Re: Triangular Trade, Triangle Shipment (Overseas Shipment)

Post by picant » Thu Dec 07, 2017 8:38 pm

Hi Pal,

more risky as you have a limitated controll on the goods.
Transit is a common way to trade goods, for a bank having more difficulty in selling goods and
recover the money, it is as simple cash advance!
Other comments appreciated
Ciao

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