Understanding Letter Of Credit: Learner's Guide To Letter Of Credit
by Nisha S Koshal /
2017 / English / Kindle
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The book elucidates the importance of a letter of credit in matters
of trade finance. A letter of credit is an instrument that is used
worldwide to facilitate the flow of trade finance.
The book elucidates the importance of a letter of credit in matters
of trade finance. A letter of credit is an instrument that is used
worldwide to facilitate the flow of trade finance.
This book is ideal for beginners who are interested in the subject
but do not possess a clear understanding of the basics of the
letter of credit or adequate technical knowledge. It may also
benefit bankers and students of international trade finance. It
will help them build a strong foundation to help understand how to
tackle difficult day to day transactions.
This book is ideal for beginners who are interested in the subject
but do not possess a clear understanding of the basics of the
letter of credit or adequate technical knowledge. It may also
benefit bankers and students of international trade finance. It
will help them build a strong foundation to help understand how to
tackle difficult day to day transactions.
The book explains the UCP 600 guidelines that govern letters of
credit and the roles of the issuing bank, beneficiary, advising
bank, nominated bank, confirming bank, applicant and so on.
The book explains the UCP 600 guidelines that govern letters of
credit and the roles of the issuing bank, beneficiary, advising
bank, nominated bank, confirming bank, applicant and so on.
This book is not exhaustive as letter of credit is a vast subject
and every single transaction carried out is unique. The book has
been written keeping in mind the difficulties I faced while working
at a bank and the experiences I have gained thus far, on my journey
as a trade finance professional.
This book is not exhaustive as letter of credit is a vast subject
and every single transaction carried out is unique. The book has
been written keeping in mind the difficulties I faced while working
at a bank and the experiences I have gained thus far, on my journey
as a trade finance professional.
