A Short Course in International Payments: How to Use Letters of Credit, D/P and D/a Terms, Prepayment, Credit and Cyberpayments in International Transactions

by Hinkelman, Edward G.; Thurmond, Molly

• ISBN13: 9781885073501
• ISBN10: 188507350X
• Format: Paperback
• Copyright: 1998-06-01
• Publisher: World Trade Pr

Summary

If your international transactions involve the payment, receipt, or transfer of money, this book will prove indispensable. Described in detail are the four primary payment methods: documentary letters of credit, documentary collections, pre-payment, and credit transactions.

Author Biography

Edward G. Hinkelman is an international economist with more than 20 years experience as an importer and exporter. He is also the editor of the World Trade Press Country Business Guide Series.

Table of Contents

Key Issues in International Payments	p. 1
Introducing the Buyer and the Seller	p. 5
Introducing the Basic Terms of Payment	p. 10
Foreign Exchange Basics	p. 16
Contract Basics	p. 19
Incoterms 1990	p. 24
Notes on Granting and Obtaining Credit	p. 29
Drafts and Acceptances	p. 36
Documentary Collections	p. 38
Documentary Credits, Part 1	p. 50
Basic Procedure
Documentary Credits, Part 2	p. 67
Settlement (Making Payment)
Documentary Credits, Part 3	p. 75
Standard Credits
Documentary Credits, Part 4	p. 86
Special Letters of Credit
Documentary Credits, Part 5	p. 101
Issues and Checklists
Sample Bank Fees	p. 109
Documents	p. 113
Document Checklists	p. 149
Cyberpayments	p. 157
Glossary	p. 165
Resources	p. 182
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