Technology, took over the world so rapidly that the world forgot about consumer satisfaction or personalized attention and generalized every aspect of business. To withstand the perpetual rapid growth of inflation and to cut costs of goods sold many companies removed the human element and relied on technology and now on AI to resolve most […]
Oxford International Bank! – The Mouse that Roars! Read More »
A Bank Guarantee (BG) is a dynamic instrument between banks and individuals and is based on the promise of one person or an organization to repay the debt. Guarantees are important in trade and business transactions and projects on large scales. In this blog, we want to elaborate on the types of Bank Guarantees and
What Are the Types of Bank Guarantees (BG)? Read More »
Introduction: A Performance Guarantee is that good instrument that ensures a project or contract is completed successfully. This financial tool becomes a kind of safety net for the owners of a project or contract because it provides them with assurance that a contractor or a service provider will actually fulfill their obligation according to the
Key Benefits of Performance Guarantee Read More »
Introduction In the world of international trade, guaranteeing safe and trustworthy transactions is critical. Documentary collecting is one way used by corporations to protect their interests. Understanding when to employ documentary collection may help organisations reduce risk and expedite trade processes. This blog discusses the relevant settings for employing documentary collecting, its benefits, and how
When Should You Use a Documentary Collection? Read More »
Introduction: Trade financing is crucial to facilitating international trade and business. It offers the essential financial tools and products to guarantee that export and import operations run smoothly and securely. Understanding the fundamentals of trade finance may help organisations negotiate the intricacies of global commerce and efficiently manage risks. In this blog, we’ll look at
Understanding the Basics of Trade Finance Read More »
Introduction: The risks involved in business, particularly in industries such as construction, manufacturing, and large-scale projects, are high, and the hazards may be enormous. Ensuring that all parties execute their contractual responsibilities is critical to project success. This is when the performance guarantees come into play. In this blog, we’ll talk about what performance guarantees
Understanding Performance Guarantees in Business Read More »
