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| A Short Course in Int'l Payments |
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A Short Course in Int'l Payments
Letters of Credit, Documentary Collections and Cyber Payments in Int'l Transaction
Edward G. Hinkelman
Softcover
182 Pages
7" x 10"
ISBN 1-885073-50-X
US $24.95
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If your international transactions involve the payment, receipt or transfer of money, this book
will prove indispensible.
Described in detail are the four primary payment methods: documentary letters of credit, documentary
collections, pre-payment and credit transactions.
The very nature of international transactions means the movement of money.
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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 2000
- Cyber transaction on the Internet
- Glossary and bibliography
Edward G. Hinkelman is an international economist with more than 25 years experience as
an importer and exporter. He is the author/editor of 12 books on international trade, including
Importers Manual USA and the industry standard Dictionary of International Trade, now in its 5th Edition.
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