Finance of international trade / Eric Bishop.

Format:

Book

Author/Creator:

Bishop, Eric, 1927-

Series:

Essential capital markets.

Essential capital markets

Language:

English

Subjects (All):

International finance.

International trade.

Physical Description:

1 online resource (222 p.)

Edition:

1st edition

Place of Publication:

Amsterdam ; London : Elsevier, 2004.

Language Note:

English

System Details:

text file

Summary:

Introduction to International Trade Finance covers the complete cycle of international trade and explains the roles of the specialist operators. Introduction to International Trade Finance aims to:*Guide the reader through every phase of typical trade transactions, examining in detail the relationships between the various parties involved and explaining the facilities employed. *Demonstrate the range of banking instruments and techniques available to exporters and importers which enable them to enter into contracts, confident that whichever method of settleme

Contents:

Contents; Preface; 1 Principal players; Exporters; Importers; Freight forwarders; Warehousemen; Carriers; Insurers; Banks; Factors; Government agencies and international financial institutions; 2 Cross-border trading; The risks involved; Contracts; Methods of payment; 3 Bills for collection; Parties to a collection; D/ P bill for collection ( documents; against payment); D/ A bill for collection ( documents; against acceptance); ( Publication No. 522); 4 The irrevocable documentary credit; Parties to a documentary credit; Constructing the credit; Issuing the credit

Documents required under documentary credits Transport documents; Confirmation of a documentary credit; Silent confirmation; Amendments to the terms of an irrevocable credit; Recourse; Handling discrepant documents; Relevant articles of UCP500; 5 Guarantees; Types of guarantee; Standby letters of credit; International Standby Practices: ISP98; 6 Insurance; Short- term export credit insurance; Marine insurance; 7 Foreign exchange risk; Forward premium and discount; Fixed forward exchange contracts; Option forward contracts; Closing out forward contracts; Borrowing in currency

Buying currency and holding on deposit Foreign currency options; 8 Special types of credits; The revolving credit; The installment credit; The red clause credit; The green clause credit; The advance payment credit; The transferable credit; The back- to- back credit; UCP500; The part payment credit; 9 Financing; Financing through bills for collection; Negotiation of bills for collection; Pre- shipment finance; Post- shipment finance; Assignment/ purchase of trade receivables; 10 Forfaiting; Countertrade; 11 Electronic commerce for international trade settlement; Bolero

12 Prevention of fraud in international trade What measures can be taken to; minimize the risk of fraud?; Appendix 1: Trade finance quiz; Appendix 2: Guide to exporters and importers; Exporters; Importers; Appendix 3: Suggested checklist for beneficiaries when preparing documents for presentation under a documentary credit; Appendix 4: Answers to Gdanski Construct SA Case Study; Appendix 5: Answers to Quiz; Glossary; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786610964123

9781280964121

128096412X

9780080470009

0080470009

OCLC:

437176596