International Trade Finance

This book addresses key topics relating to international trade; letters of credit mechanism, collections of bills, trade customs and practice. Dealing with complicated implementation issues in a forthright and comprehensive fashion, it is an essential tool for navigating the procedures of international trade finance.

'I am very impressed by this book, which is very well written and set out, and refreshingly up-to-date in its content and outlook. It is obviously written by authors with practical experience for use in practical situations, and is all the better for that.' - Peter C. McGregor, Sheffield Hallam University and Chief Examiner, Chartered Institute of Financial Services

Autorentext

TARSEM BHOGAL has over 30 years experience in banking and training and is former Principal of the Staff Training Centre, Association of Indian Banks in the United Kingdom. Previously a senior faculty member of an international bank's regional staff training and development centre in London, UK, Bhogal set up a regional staff training centre of a public sector bank in northern India. He has been a practical banker, managing banking operations in Kenya, India and the United Kingdom, starting his career with The Standard Bank Limited, Nairobi. Bhogal is a Fellow of The Institute of Financial Accountants, Member of Chartered Management Institute and ordinary member of the Chartered Institute of Financial Services, London, UK.

ARUN KUMAR TRIVEDI is the former Vice President and Chief Representative of IndusInd Bank, London, UK, and presently a free lance consulting adviser in the areas of finance, banking and international trade. He is a Fellow of the Securities Investment Institute,London, UK, Fellow of the Indian Institute of Bankers and Life Member, Indian Society for Training and Development, New Delhi, India. Trivedi is also author and co-author of various books on the subjects of International Banking, Treasury Operations, Risk Management.

Inhalt
International Trade and Inherent Risks Services Offered by Commercial Banks Methods of Trade Foreign Exchange Rates Bills of Exchange, Collections, Purchasing and Discounting Documentary Letters of Credit Letters of Credit - Types Methods of Payment Settlement Financial load variations Incoterms Documents in Foreign Trade - Significance Negotiation of Documents Factoring and Forfeiting Electronic Documents (EUCP) Scrutiny of Documents - Procedures Common Irregularities in Documents Guarantees and International Bonds Definitions International Chamber of Commerce Rules for Dispute Resolution (DOCDEX Rules) Export Risks Insurance and ECGD Marine Insurance Glossary Index