Merchant Trade Guarantee Corporation Company Limited

Letters of credit might not sound new to your ears if you remain updated about international sales transaction methods. Offered in Hong Kong...

Are you planning to start a new business in Thailand? If yes, it’s time for constructing a new building. But, make sure that you have asked your contractor to show the bid guarantees. Bid gua…

Documentary collection is nothing but a form of trade finance. It’s a process where importers pay to exporters for the goods after the two parties’ bank exchange the required documents. This financial tool is actually a safety assurance in terms of international...

It might seem a challenging task to enhance your business in the cut-throat business world of Thailand. Stop worrying now about increasing t...

The letter of Credit benefits international businesses a lot. It’s nothing but a letter that can assure importers of receiving goods and exporters of getting payment. In Thailand, many importers pr…

There is no denying that international business involves several risks. Naturally, you may encounter a situation when you don’t have sufficient funds to make payment. Well, in this respect, many business owners in India use the Standby Letter of Credit...

The standby letter of credit is a legal document that comes with a certain purpose. The main goal of this document is to guarantee the payme...

Letter of credit is a letter from the bank that comes with a guarantee. It makes sure the buyer’s payment to the seller will be received at the right moment for the right amount. In case the buyer …

Every business owner may face a situation when they can’t take forward their business due to the lack of finances. Well, in this respect, t...

Whatever be your business type a performance guarantee can offer you peace of mind. This guarantee from the contractor’s side ensures to complete your project within the deadline. In Thailand, this…

Letters of credit in Thailand is one of the most important and necessary payment methods used in international trade. It is the most popular, secure, and universal way of payment worldwide. A common issue in import-export is that buyers and sellers are...

Are you involved in export and import business? Do you have any idea about export documentary collections and import documentary collections...

Do you want to start an export import business in Thailand? If yes, then this article is good for you. Here, we will talk about bank guarantees in Thailand. Are you curious? Well, bank guarantee is…

There are two types of Documentary Collection, such as Document against payment (DP) - Sight Documents and Document against acceptance (DA) - Term Documents. Shipping documents under this service are sent to the buyer by the seller's bank as per their...

Letters of credit are a secure way of paying for goods in international trade. There is a concern between buyers and sellers in imports an...

The non-performing letter of credit, also known as standby letters of credit, is developed as a proof of good faith in business expenses. It is a written contract of an affirming bank to pay an amo…