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
Triangular Trade, Triangle Shipment (offshore Shipment)
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moneo
- Posts: 17
- Joined: Sat May 25, 2013 9:52 pm
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- Last Name: ALMOUSA
- Organization: ALAWWAL BANK
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Triangular Trade, Triangle Shipment (offshore Shipment)
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)
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
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