Banks report that the majority of presentations of documents against
letters of credit are incorrect, resulting in unnecessary delays in
collecting money due and generating extra bank fees. You can protect
the assets of your company and more successfully complete an
international sales transaction by learning how to avoid these errors
on documents and what to do when discrepancies occur.
The Export Letters of Credit and Drafts
manual will help you determine if a letter of credit is right for your
company. If so, it will help you instruct your international customers
in opening a letter of credit and guide you through the procedures to
take when you can't comply with the stipulations of the credit or
collect your money. The manual also discusses several options available
to you that can help you offer creative and competitive financing
options to your buyers while allowing you to receive immediate payment
for the transaction.
Also Available as a Self-Study Class | About Self-Study Classes
Updated: June 2007 - 138 Pages
Book Chapters
- Method of Payment
- The Letter of Credit Transaction
- Special Types of Letters of Credit
- Understanding the Letter of Credit
- Instructing the Buyer in Opening a Letter of Credit
- Screening the Letter of Credit
- Non-Payment of the Letter of Credit
- The Draft Transaction
- Preparation and Presentation of Drafts
Order online or call us toll free at 1-800-641-0920 to order your
Export Documentation and Shipping reference book or self-study class today!
