Domestic factoring means purchase, funding, management and collection of short term accounts receivable arising from supply of goods and services to domestic buyers.

In international factoring, the number of factors will be:

Forfeiting provides finance against the export receivables to an exporter:

Forfaiter is:

Forfaiting provides to the exporter against receivables:

Forfaiting enables the exporter to avoid the following risks:

Bank Guarantees are issued by:

In a bank guarantee, the number of parties involved in the agreement are:

A letter of credit is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.

A revolving letter of credit is a special letter of credit type which is structured in a way so that it revolves either in value or in time covering multiple-shipments over a long period of time under single letter of credit.