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
Created with Highmaps 5.0.1205101520Chart context menuAs of 03/02/2017Zoom in+Zoom out-

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
LowOpen account | Documentary collection | Bill of exchange
ModerateOpen account | Documentary collection | Documentary credit
HighDocumentary credit | Bank guarantee | Buyer's credit | Standby letter of credit
Very highDocumentary credit | Bank guarantee | Buyer's credit | Standby letter of credit
Last changed 03/02/2017

Know your risks

International trade can be a risky business. Where you trade — and the geopolitical landscape in the countries where your counterparties are based — have a huge impact on the risks you face. 

Our Trade Finance team continuously evaluates the array of risks associated with countries across the globe, producing a regularly updated rating for each country, indicated on the map through colour-coding. Blue represents the lowest risk; red the highest.

Hover over each country to see more detail, including a small selection from Nordea's extensive network of local and foreign banks, and recommendations for trade finance instruments that may be suitable for use when trading in that country’s risk level. 

Your final solution may include a combination of various payment methods and collaterals — please contact your local Nordea Trade Finance Adviser for more detailed advice on which trade finance instruments are best suited to your specific needs.

For a snapshot of which trade finance instruments are most relevant to each risk scenario, download our printable quick reference guide.