• ISBN13: 9781032889481
• Binding: Hardcover
• Subject: Economics
• Publisher: Taylor & Francis Group
• Publisher Imprint: Rout India
• Publication Date: May 6, 2024
• Pages: 269
• Original Price: INR 1295.0
• Language: English
• Edition: South Asia Edition
• Item Weight: 500 grams
• BISAC Subject(s): N/A

This book bridges the existing gap between the theory and practices related to international finance. It discusses banking theories and operational procedures relating to the methods of payment with special reference to Letters of credit (LCs), like revolving LCs, back-to-back LCs, transferable LCs, and standby LCs, with specific applications of documentary discrepancies. Moreover, this book discusses merchanting trade, buyers’ credit and supplier’s credit, and bank guarantees with many practical caselets, linked to the applications of the International Chamber of Commerce (ICC) and other regulatory rules. It also examines the various roles of banks in financing international trade which are extensively discussed through several cases.