TY  - BOOK
AU  - Bhogal,Tarsem Singh; Trivedi,Arun Kumar
AU  - Tarsem Bhogal,; Arun Trivedi
TI  - International trade finance: a pragmatic approach
SN  - 9783030245399
U1  - 332.042 BHO 19
PY  - 2019///
CY  - London
PB  - Palgrave Macmillan
KW  - Exports
KW  - Finance
KW  - Law and legislation
KW  - Australia
KW  - Export credit
KW  - Documentary credit
KW  - Foreign exchange
N1  - Includes bibliographies and index; 1. International Trade and Inherent Risks --
2. Services Offered by Commercial Banks --
3. Methods of Trade --
4. Foreign Exchange Rates --
5. Bills of Exchange, Collections, Purchasing and Discounting --
6. Documentary Letters of Credit --
7. Letters of Credit: Types --
8. Methods of Payment Settlement --
9. Financial Load Variations: Eight Types of Letters of Credit --
10. INCOTERMS --
11. Documents in Foreign Trade --
12. Negotiation of Documents --
13. Factoring and Forfaiting --
14. Electronic Documents (eUCP) --
15. Scrutiny of Documents: Procedures --
16. Common Irregularities in Documents --
17. Bank Guarantees and International Bonds --
18. SWIFT and Letters of Credit --
19. ICC DOCDEX Rules --
20. UK Export Finance --
21. Marine Insurance --
22. Innovative Non-traditional Finance --
23. BREXIT --
24. Blochchain Technology and Trade Finance --
25. Money Laundering and Sanctions
N2  - The 21st century has witnessed swift change in every sphere of the human endeavour. Regulatory re-alignment, digitalisation and economic and political developments have contributed to paradigm shift in banking, trade, finance and the shipping industry virtually transforming the landscape. International Trade Finance is an essential tool for bankers, exporters/importers, shippers, consultants, teachers and students navigating the procedures of international trade finance. The book addresses basic topics relating to international trade including letters of credit mechanism, collections of bills, trade customs and practice. New to this revised edition, it covers SWIFT updates, supply chain system, UKEF, Blockchain technologies, the implications of BREXIT, NAFTA, Mexico, Canada and other bilateral agreements and their implications, the US sanctions, terrorist financing and anti-money laundering provisions, and a check list to control financial crime risks in trade finance. The extended metaphor of the book is that of an arm chair tour covering fundamentals to the nuances of the hard core of the subject matter and enabling the readers to deal with complicated implementation issues in a forthright and comprehensive fashion
ER  -