Mapping trade finance risk
Nordea’s Interactive Trade Risk Map gives you a quick overview of the constantly changing risks in global trade. It helps you to evaluate which trade finance instruments are best suited to your transactions with new and existing overseas partners.
Low |
High |
Canada
Banks: | Bank of Montreal, Royal Bank of Canada, The Bank of Nova Scotia (Scotiabank), The Toronto - Dominion Bank, Caisse centrale Desjardins |
---|---|
Counterparty risk/relevant instruments | |
Low | Open account | Documentary collection | Bill of exchange |
Moderate | Open account | Documentary collection | Documentary credit |
High | Documentary credit | Bank guarantee | Buyer's credit | Standby letter of credit |
Very high | Documentary credit | Bank guarantee | Buyer's credit | Standby letter of credit |
Last changed 03/02/2017 |