Global transactions refer to financial transactions that occur between parties located in different countries. These transactions can involve the exchange of goods, services, or money across international borders. With the increasing globalization of businesses and the advancement of technology, global transactions have become more common and accessible. They often involve multiple currencies, different legal systems, and various regulatory frameworks. Global transactions play a crucial role in facilitating international trade and investment, enabling businesses to expand their operations globally and individuals to engage in cross-border transactions.