Merchant Trade Guarantee Corporation Company Limited

Merchant Trade Guarantee Corporation Company Limited is a non-bank financial company offering various financial and broking services. We can help businesses create new opportunities and we have obtained worldwide acceptability. Visit: http://merchanttradecorp.com           

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Letters of Credit offered in Hong Kong: A helpful overview

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

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Are bid guarantees in Thailand important for the construction process?

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…

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What you Need to Know about Documentary Collections in Malaysia - Merchant Trade Guarantee Corporation Company Limited

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...

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An Informative Discussion On Bank Guarantees in Thailand With Example

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

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Here’s What to Know About Import Letter of Credit in Thailand

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…

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What You Should Know Before Getting a Standby Letter of Credit in India - Merchant Trade Guarantee Corporation Company Limited

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...

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How does the Non-Performing Letter of Credit work & its significance

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...

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Letters of Credit- A smart financial tool helpful for international trading

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 …

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Documentary collections (DC) are an international trade process. This procedure allows the exporter’s bank to act as the mediator for the payment of the buyer. This specific trade transaction has now become widespread in Hong Kong. You also may opt for...

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Here’s What People in Thailand Should Know about Financial Guarantees

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...

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Performance Guarantee in Thailand- know its definition & importance

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…

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Letters of Credit in Thailand: A Quick and Easy Guide for All Business Owners - Merchant Trade Guarantee Corporation Company Limited

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...

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Beginner’s Guide to Import Documentary Collections & Export Documentary Collections

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

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Bank Guarantees in Thailand: Is it profitable for international transactions?

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…

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Export documentary collections: Is it less expensive than a letter of credit? - Merchant Trade Guarantee Corporation Company Limited

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...

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A basic knowledge of Import Letter of Credit in Thailand

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...

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Non-Performing Letter of Credit in India: A basic information for new clients

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…