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What is the role of GTF in a forfaiting transaction?

April 26, 2017forfaiting gtf transaction

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What is the role of GTF in a forfaiting transaction?

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GTF is the interface between the exporter in India and any of the forfaiting agency overseas. It facilitates the entire transaction: from obtaining indicative quotes and firm bids, to completing all the necessary documentation for meeting local regulations and requirements of forfaiting agencies.