Analysis

Banks plan to offer compensating balance arrangements overseas.

Banks plan to offer compensating balance arrangements overseas.

Companies that export goods to multiple countries must deal with mounting number of pacts.

Companies that export goods to multiple countries must deal with mounting number of pacts.

The bank payment obligation (BPO) provides similar protection for sellers as an L/C does, but far more efficiently.

The bank payment obligation (BPO) provides similar protection for sellers as an L/C does, but far more efficiently.