A MT 799 is a SWIFT message type. Swift is a financial messaging platform and is short for Society for Worldwide Interbank Financial Telecommunications. It’s used by banks...
Is Swift the only platform utilised by Financial Institutions when engaging in International Trade?
Before we start let’s remind ourselves what Swift represents. Swift stands for Society for Worldwide Interbank Financial Telecommunications. It is a membership only global...
What are the Differences Between Swift Message Types?
What is Swift? Swift is a synonym for Society for Worldwide Interbank Financial Telecommunications. It is a global membership platform for sending and receiving authenticated...
IntaCapital Swiss SA, Bank Guarantees and Project Finance
Companies who have projects ready to go, but lacking finance often turn to their banks. However, in some cases banks and lending institutions are rejecting applications. Here...
How do Lines of Credit Assist in Loan Applications to Banks?
We are asked this question on a regular basis; a line of credit is a form of a bank loan. However, in today’s market, bank loan requirements are extraordinarily strict...
What are the Requirements of a Bank Loan and how can I obtain one through Raising Lines of Credit?
Businesses looking to obtain a business loan or line of credit via traditional lenders, such as banks are finding it increasingly difficult. There are multiple reasons to why,...
Thousands of Companies Fleeing to the Safety of Bank Guarantees
What is safe about bank guarantees? They are providing access to loans and lines of credit. Yes! Access to credit facilities that are being denied by banks in times of turmoil....
Why are Bank Guarantees and Standby Letters of Credit so Popular?
We are mainly approached to monetise Bank Guarantees and Standby Letters of Credit. But exactly what is a Bank Guarantee and a Standby Letter of Credit? They are both bank...