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Triangular Trade, Triangle Shipment (offshore Shipment)

Posted: Thu Dec 07, 2017 10:57 am
by moneo
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

Re: Triangular Trade, Triangle Shipment (Overseas Shipment)

Posted: Thu Dec 07, 2017 8:38 pm
by picant
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