Syndicates of banks may be involved in forfaiting transactions because these transactions are usually in excess of $500,000.

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Syndicates of banks may be involved in forfaiting transactions because these transactions usually involve larger amounts of money, typically in excess of $500,000. By forming a syndicate, banks can spread the risk and share the costs associated with the transaction, making it a more attractive proposition for all parties involved.

Syndicates of Banks May Be Involved in Forfaiting Transactions Because