Services offered by international banks to customers
Discuss some of services which international banks offer to their customers and market place.
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International banks are characterized by types of services they provide which differentiate them from the domestic banks. Primary, international banks facilitate exports and imports of their clients by arranging the trade financing. Furthermore, they provide their clients by arranging for foreign exchange essential in order to conduct the cross-border transactions and thus make the foreign investments and by supporting in hedging exchange rate risk in the foreign currency receivables and payables by the forward and options contracts. As international banks have developed the trading facilities, they normally trade foreign exchange products for their own account.
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