Letters of Credit - bharat book

PRLog (Press Release) – Mar 09, 2007 – This wholly revised and updated second edition of Michael Rowe's best-selling Letters of Credit is essential reading for everyone concerned with all aspects of international trade and finance. Comprehensive, reliable and authoritative, it considers the underlying contract of sale, the relevant transport and insurance documents and other documents which may be tendered to a bank. Interest areas: trade finance, commodity finance, countertrade, counter party, documentation, emerging markets.

Introduction

This revised edition of Michael Rowe's best-selling Letters of Credit devotes greater attention to developing techniques such as the uses of standby letters of credit and includes 6 detailed case studies, illustrating issues such as how major banks organise their documentary credits business. Over 34 chapters the book examines all the key considerations including documentation, negotiable instruments, insurance, the ICC's latest Uniform Customs and Practice, the recent innovative rules for interbank reimbursements, standby letters of credit, fraud, documentary collections and electronic payments. Essential for all banks involved in international operations, specialist insurers and all those involved in international trade and payments issues.

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