Cross-border transactions refer to financial exchanges that occur between parties in different countries. These transactions can involve the transfer of goods, services, or capital and often require compliance with various international laws and regulations. Businesses and individuals engage in cross-border transactions for reasons such as expanding markets, accessing resources, or investing in foreign assets. To facilitate these transactions, various financial instruments and services are used, including foreign exchange markets, international payment systems, and trade finance. Understanding the complexities of cross-border transactions is essential for minimizing risks and ensuring compliance with the legal frameworks of the involved countries.