Timely, secured, and sufficient payments are one of the main pillars of operating a profitable international business and the most efficient way of expansion in the global market with satisfied clients. Irrespective of an established firm or a new one, importers and exporters often opt for third parties like banks or financial institutions to mitigate their global payment risks. These intermediaries provide payment guarantees and develop trust between parties to the contract regarding initiate transactions. Read more: https://www.emeriobanque.com/blogs/effective-payment-methods-in-global-import-export-trade-finance