Is Bank Endorsement Is Required For Reliable Transition?

1
Is Bank Endorsement Is Required For Reliable
Transition?
2
(No Transcript)
3
Trading within the country or from countries is
not new to the business. Most of the time it is
two different individuals who dont know about
each other gets involved in trading. Thus,
trusting someone in a huge transition is not easy
for anyone. 
4
(No Transcript)
5
Many of them would have used bank
endorsements during their trading. Especially
during any international trade, both the parties
will be unknown to one and another. Thus, the
bank stands as an intermediate for assuring the
fund to the recipient. 
6
(No Transcript)
7
There are different types of bank endorsements
which are provided by the bank. It is usually
based on trade that is between the two people.
The seller will receive the payment within the
time which the seller has agreed. This helps the
buyer to stand out from the others so that the
seller can quickly act on it. 
8
(No Transcript)