Accept allAccept only necessary cookies
You can either agree to all external services and associated cookies, or only to those that are absolutely necessary for the website to function correctly. Please note that if you choose the second option, not all content may be displayed.
you need the free eBook reader Adobe Digital Editions (download). After purchasing an eBook you will receive a download link. This link can only be used once and loses its validity after the download. In order to use an eBook on several devices (PC, laptop, tablet) and also after a device change without problems, please create an account with Adobe ADE. Of course, it is also possible to use the book without an account, but then you can only use the book on the device on which you have downloaded it. It is not possible to take the book to another device without an account.
Letters of Credit
Users’ Handbook for Documentary Credits under UCP 600 is an introduction to users of letters of credits as well as to sellers and buyers who seek to increase their access to cross-border markets. It clearly illustrates how both commercial parties and bankers have used this remarkable commercial device, the documentary credit, to achieve their objectives in international business. Users’ Handbook is divided into five parts: • Part One is a brief discussion of international sales and transport. • Part Two explains the banking industry’s crucial role in documentary credit transactions and illustrates many of the transactions in which commercial parties utilize the documentary credit. • Part Three explains the way documents control the payment function of the documentary credit. • Part Four introduces the all-important feature of the documentary credit – the ways it opens financing options to sellers, which can then extend credit to buyers. • Part Five introduces the standby credit and illustrates its role in cross-border transactions. • A handy glossary of international trade terms for easy reference. This Users Handbook is an invaluable tool for users who are not yet familiarized with the application of Documentary Credits under
eUCP - Version 2.1 (2023)Pub. No. 823E | Language EN
eURCMore information | Pub. No. 825E | Language EN