ENGLISH

A Short Course in International Payments: How to Use Letters of Credit, D/P and D/a Terms, Prepayment, Credit, and Cyberpayments in International Transactions ... Short Course in International Trade Series)

By Edward G. Hinkelman

Book information

Publisher
World Trade Press
Year
2002
ISBN
9781885073648, 188507364X, 188507364X
LCC
HG3741 .H56 2003
Open Library ID
OL23079535M
Language
english
Format
CHM
Filesize
5 MB (5084354 bytes)
Pages
182\0
Topic
Education
Library
usenet
Time added
2010-12-10 06:40:08

Description

If your international transactions involve the payment, receipt or transfer of money, this book will prove indispensable. Described in detail are the four primary payment methods: documentary letters of credit, documentary collections, pre-payment and credit transactions. Step by step instructions, accompanied by skillfully designed illustrations, are provided for both standard and special letters of credit, including revocable and irrevocable, confirmed and unconfirmed, back-to-back, deferred payment (usance), red clause, revolving, standby and transferable types. This book introduces each party to each transaction, contains lists of what can go wrong and provides solutions for common problems. The book is an excellent training tool for traders, bankers and brokers. Also covered: - Foreign exchange (forward contracts) - Documents used in trade (major chapter) - Letter of credit application and instructions - Incoterms 200 - Cyber transaction on the Internet - Glossary and bibliography

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