Bishop Е. Finance of International Trade

Elsevier Butterworth-Heinemann Linacre House, 2004. - 307 pages
ISBN: 0750659084Principal players
Exporters
Importers
Freight forwarder
Warehousemen
Carriers
Insurers
Banks
Factors
Government agencies and international financial institutions
Cross-border trading
The risks involved
Contracts
Methods of payment
Bills for collection
Parties to a collection
D/P bill for collection (documents against payment)
D/A bill for collection (documents against acceptance)
Uniform Rules for Collections (Publication No. 522)
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 UCP569
Guarantees
Types of guarantee
Standby letters of credit
International Standby Practices: ISP98
Insurance
Short-term export credit insurance
Marine insurance
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
Special types of credits
The revolving credit
The instalment credit
The red clause credit
The green clause credit
The advance payment credit
The transferable credit
The back-to-back credit
The part payment credit
Financing
Financing through bills for collection
Negotiation of bills for collection
Pre-shipment finance
Post-shipment finance
Assignment/purchase of trade receivables
Forfaiting
Countertrade
Electronic commerce for international trade settlement
Bolero
Prevention of fraud in international trade
What measures can be taken to minimize the risk of fraud?
Appendix Trade finance quiz
Appendix Guide to exporters and importers
Appendix Suggested checklist for beneficiaries when preparing documents for presentation under a documentary credit
Appendix Answers to Case Study 5.8
Appendix Answers to Quiz