International Payments

E-Book Overview

Letters of Credit, Documentary Collections, and Cyberpayments in international transactions. At the heart of all international transactions is the transfer of money. This book describes how to use letters of credit and documentary collections, how to grant and obtain credit, and how to use cyberpayments on the World Wide Web. It has an extensive glossary, checklists for buyers, sellers, and bankers, and a comprehensive chapter on trade documentation.

E-Book Content

Letters of Credit, Documentary Collections and Cyberpayments in International Transactions .. z Ill " z 0 :1 .. " 0 c :1 " Ill - • - • .. Ill :1 • �- 0 • :Ia· .. EDWARD G. HINKELMAN .. :1 :Ia a Ill " Ill :1 Ill " �-=-- WORLD TRADE PRESS® Books and £-Content for International Trade us $24.95 INTE"RNATIONAL BUSINESS A S H O R T C O U I N T ,E R N A T I 0 N A L 2nd Edition R S E I N PAYMENTS t the heart of all international transactions The Short Course in is the transfer of money. This book International Trade Series describes how to use letters of credit The global marketplace offers terrific and documentary collections, how to grant and obtain credit, and how to use cyberpayments on the World Wide Web. It has an extensive glossary, �hecklists for buyers, sellers, and bankers, and a comprehensive chapter on trade documentation. opportunities and formidable challenges. Doing business i.nternationally isn't necessarily more difficult, but it is cer­ tainly different. Understanding how things work is critical. Short Course in International Trade books are stand-alone training modules that teach. the key skills of international trade. Each book covers a single topic EDWARD G. HINKELMAN is an internationa! economist with more than 25 years experience as an importer and exporter. He is the author of four books on inter­ national trade, including the industry standard and the Dictionary of International Trade Short Course in International Trade Documentation. . and is designed as a practical guide with immediate application in the real world. They are excellent training tools for traders, bankers and brokers. Each book is written from an international perspective for an international audience. Content focuses on the universal needs of all business people, regardless of whether they are a buyer or seller, or dealing in products or services. The books are as useful to someone from Asia as to someone from Europe or the Americas. WORLD TRADE PRESS® ISBN 1-885073-64-X Books and £-Content for International Trade 1450 Grant Avenue, Suite 204 Novato, California 94945 • USA www.worldtradepress.com www.worldtraderef.com 9 781885 073648 95 1111 A SHORT COURSE IN International Payments 2nd Edition How to use letters of credit, D/P and D/A terms, prepayment, credit and cyberpayments in international transactions Edward G. Hinkelman World Trade Press 1450 Grant Avenue, Suite 204 Novato, California 94945 USA Tel: +1 (41 5 ) 898- 1 124 Fax: +1 ( 4 1 5 ) 898-1080 USA Order Line: +1 (800) 833-8586 E-mail: [email protected] www. worldtradepress.com www.worldtraderef.com (subscriber site for international trade and logistics) www . globalroadwarrior.com (subscriber site for business travel, communic
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