International trade products and services

International trade is fraught with risk, which then presents a degree of uncertainty over the timing of payments between the seller (exporter) and the buyer (importer), especially due to a lack of trust between the parties involved. For exporters, until payment is received, all sales are gifts. Consequently, exporters prefer receiving payment as soon as the order is placed or at least before the goods are shipped. For importers, until the goods are received, all payments made toward a purchase are donations. Consequently, importers prefer receiving goods as soon as possible and delaying payment until the goods are resold to generate enough money to pay the seller.

This situation presents an opportunity for trusted intermediaries (such as KP Bank) to play a significant role in brokering international trade transactions in a secure manner. KP bank offers a number of products to facilitate international trade payments, as listed here:

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