Trade finance helps in reducing the risk associated with global trade by establishing friendly relations between an exporter and an importer. One issue in the process of trade finance is that an exporter may ask the importer to pay the required amount for an export shipment to avoid the risk in case the importer receives the shipment but refuses to pay for the goods. Another issue is that if the importer pays the exporter, then there might be a chance that the exporter received the payment but refuses to ship the goods.