Trade financing method, instruments and systems

摘要: A simplified trade finance method particularly for international in goods and services, a 'traded product', can employ one, or preferably two, novel, modified bills of exchange (1oE, 2oE). first bill (1oE), which is payment draft, executed by buyer (62), returned to seller (60) prior release the traded product (60). Seller obtain credit verification if necessary, before releasing product, protecting from failure (62) pay. The (1oE) be dormant non-negotiable until activated an event agreeable example, product. Buyer thus protected against delaying failing ship after having received instrument (62).