|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| S | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
The World Trade Press “Illustrated Guide to Letters of Credit” is an industry standard professional guide, with more than 200,000 copies in print worldwide. The guide provides buyers, sellers and bankers a clear, step-by-step presentation of how letters of credit work. The guide is made even more understandable with professionally drawn illustrations for each step in the process. In addition, the World Trade Press “Illustrated Guide to Letters of Credit” explains the different types of letters of credit, the role of banks, the “Uniform Customs and Practice,” parties to the transaction, issuance, amendment, utilization, settlement, availability, settlement, details on transactions, complying with a letter of credit, revocable vs. irrevocable letters of credit, confirmed vs. unconfirmed letters of credit, and bank forms for application and issuance of letters of credit, all with step-by-step illustrated procedures. Illustrated Guide to Letters of Credit Table of Contents 1.
Introduction to Letters of Credit (documentary letters of credit)
a) Letters of Credit
Defined
2. Introduction to Parties to the
Transactionb) Types of Letters of Credit c) Limitations of Letters of Credit d) The Role of Banks in Letters of Credit e) The “Uniform Customs and Practice” a) Buyer
3. Basic Letter of Credit Procedures
(illustrations for each step)b) Buyer’s Bank c) Seller d) Seller’s Bank e) Intermediary Banks a) Issuance
4. Opening a Letter of Creditb) Amendment c) Utilization d) Settlement (availability) a) Application Process
5. Standard Letters of Creditb) Sample Application c) Details on Parties and Procedures Includes descriptions, step-by-step illustrations, and sample documents for: a) Revocable Letter of
Credit
6. Settlement Proceduresb) Irrevocable Letter of Credit c) Confirmed Letter of Credit d) Unconfirmed Letter of Credit e) Straight Letter of Credit f) Negotiation Letter of Credit a) Settlement by Payment
7. Special Letters of Creditb) Settlement by Acceptance c) Settlement by Negotiation Includes descriptions, step-by-step illustrations, and sample documents for: a) Standby Letters of
Credit
8. Issues and Checklistsb) Revolving Letters of Credit c) Red Clause Letters of Credit d) Transferable Letters of Credit e) Back-to-back Letters of Credit a) Regarding the Role of
Banks
b) Common Problems c) Discrepancies With Documents d) Electronic Application e) Fraud f) Contract Provisions g) Notes on Insurance h) Notes for the Buyer I) Notes for the Seller-1 j) Notes for the Seller-2 Who Should Purchase This Report The World Trade Press “Illustrated Guide to Letters of Credit” is an essential resource for anyone involved in international payments for goods or services, including: buyers/importers, sellers/exporters, product brokers, logistics professionals, international bankers, international attorneys, trade associations, chambers of commerce, and students of international trade. Author The World Trade Press “Illustrated Guide to Letters of Credit” was written by Edward G. Hinkelman, author of the industry standard Dictionary of International Trade, now in its 7th edition (240,000 copies in print). Mr. Hinkelman is an international economist (Tufts University, University of Paris) with more than 30 years experience as an importer and exporter. He is also the author of three other reference books on international trade, including the Short Course in International Payments, the Short Course in International Trade Documentation, and Importers Manual USA (now in its 4th edition). He has been a featured speaker at industry seminars and visiting lecturer at Tufts University, the University of California at Berkeley, the University of Michigan, and San Francisco State University.
Illustrated Guide to Letters of Credit
Add to Cart View Cart
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
