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 Edward G. Hinkelman

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. Step by step instructions, accompanied by skillfully designed illustrations, are provided for both standard and special letters of credit, including revocable and irrevocable, confirmed and unconfirmed, back-to-back, deferred payment (usance), red clause, revolving, standby and transferable types. This book introduces each party to each transaction, contains lists of what can go wrong and provides solutions for common problems. The book is an excellent training tool for traders, bankers and brokers. Also covered: - Foreign exchange (forward contracts)
- Documents used in trade (major chapter)
- Letter of credit application and instructions
- Incoterms 2000
- Cyber transaction on the Internet
- Glossary and bibliography --This text refers to an out of print or unavailable edition of this title.

 

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Do you like buying things on the Internet with your credit card? Think other people wouldn't like buying things with your credit card, too? Have you given out personal information to register for "contests" and "events?" Beware. Sometimes the wizard making the promises is only a little man sitting behind a curtain pulling levers and talking through microphones.