Standby Letters of Credit: A Comprehensive Guide (Finance and Capital Markets Series)

By (author)Jacob E Sifri

This authoritative reference book gives thorough, practical guidance for anyone who needs to deal with standby letters of credit either professionally or academically. Augmented with examples of numerous real-life cases, the book addresses the exact procedures undertaken by global banks in handling letters of credit transactions whilst incisively providing an article by article interpretation of the ISP98.

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Furthermore, the book explains the credit operation cycle, the various parties to the credit transaction, types, uses -with special emphasis on tender and performance standby letters of credit– roles, responsibilities of the parties to the transaction, risk management and fraud prevention. The book literally provides all the tools needed to deal not only with routine problems but also with unforeseen difficulties whether at clerical, middle management or senior management level.

Weight 1 kg
Dimensions 24 × 16 × 2 cm
Book Author

Jacob E Sifri

Edition

1st

Format

Hardback

ISBN

9780230212183

Language

English

Pages

256

Publication Year

Publisher

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