What is an MT103? An MT103 is a standardized SWIFT payment message used specifically for cross-border/international wire transfers. MT103 messages are globally accepted as proofs of payment and include all payment details such as date, amount,... Read More
Business
What is Cash Credit? A Cash Credit (CC) is a short-term source of financing for a company. In other words, cash credit is a short-term loan extended to a company by a bank. It enables a company to withdraw money from a bank account without keeping a... Read More