Triterras is immensely proud to announce that we are now a member of the International Trade & Forfaiting Association (ITFA).
Founded in August 1999, the IFTA is the worldwide trade association for commercial companies, financial institutions and intermediaries engaged in global trade, forfaiting, supply chain and receivables financing. Expanding from its original focus on the purchase and discounting of simple but robust payment instruments, such as negotiable instruments and letters of credit, the forfaiting industry has embraced new instruments and created new structures to become a prominent part of supply chain finance.
We at Triterras, most certainly look forward to the unique networking opportunities with our fellow 300 members from around the world, to exchange knowledge on the best practices in the origination and distribution of trade-related risks, as well as finding creative ways in risk mitigation, so as to contribute towards profitable, but safe and transparent business transactions.
Bringing together banks and financial institutions, IFTA aims to foster business relationships amongst those engaged in the ever-expanding, global forfaiting community, and even welcomes organisations that do not carry out forfaiting but wish to retain a strong link to the trade and forfaiting community.
For learn more about ITFA, visit their website here.