... past decade. Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. The credit professional should ... familiar with two types of letters of credit: commercial and standby. Commercial letters of credit are used primarily to facilitate foreign trade. The commercial letter of credit is the primary ... under the terms of a contract. Upon receipt of the letter of credit, the credit professional should review all items carefully to insure that Understanding and Using Letters of Credit, Part...
Ngày tải lên: 05/11/2012, 16:27
... Currency Letters of Credit 24 Chapter 5 Letters of Credit – Special Types 29 Revolving Letters of Credit 30 Installment Letters of Credit 30 Advance Payment Letters of Credit 30 Red Clause Letters of ... Letters of Credit 31 Transferable and Back-to-Back Letters of Credit 31 Transferable Letters of Credit 31 Back-to-Back Letters of Credit 34 Assignment of Proceeds 35 Simplified Letters of Credit ... 16 Chapter 3 Letters of Credit – Avoiding Problems 19 Problem Resolution 20 Documentary Requirements 20 Chapter 4 Letters of Credit – In Action 23 Export Letters of Credit 24 Import Letters of Credit...
Ngày tải lên: 16/01/2014, 11:37
Tài liệu Understanding and Using Letters of Credit Part 1 pptx
... the past decade. Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. The credit professional should ... them at maturity. Standby Letter of Credit The standby letter of credit serves a different function than the commercial letter of credit. The commercial letter of credit is the primary payment ... trade. The credit professional should be familiar with two types of letters of credit: commercial and standby. Commercial letters of credit are used primarily to facilitate foreign trade. The from...
Ngày tải lên: 16/01/2014, 18:20
Tài liệu Understanding and Using Letters of Credit Part 2 doc
... * General background information; * Types of letters of credit; * Common problems with letters of credit; * Procedures for establishing letters of credit; * Amendments; and * General tips ... state the actual amount of the letter of credit. One can request a Amendment of a Letter of Credit For the seller to change the terms noted on an irrevocable letter of credit, it must request ... standing of the buyer's issuing bank if the letter of credit is unconfirmed. 4. For confirmed letters of credit, the seller's advising bank should be willing to confirm the letter of credit...
Ngày tải lên: 16/01/2014, 18:20
An Introduction to Letters of Credit phần 1 ppsx
... Currency Letters of Credit 24 Chapter 5 Letters of Credit – Special Types 29 Revolving Letters of Credit 30 Installment Letters of Credit 30 Advance Payment Letters of Credit 30 Red Clause Letters of ... Letters of Credit 31 Transferable and Back-to-Back Letters of Credit 31 Transferable Letters of Credit 31 Back-to-Back Letters of Credit 34 Assignment of Proceeds 35 Simplified Letters of Credit ... 16 Chapter 3 Letters of Credit – Avoiding Problems 19 Problem Resolution 20 Documentary Requirements 20 Chapter 4 Letters of Credit – In Action 23 Export Letters of Credit 24 Import Letters of Credit...
Ngày tải lên: 10/08/2014, 07:21
An Introduction to Letters of Credit phần 3 pps
... Letter of Credit Authorized Signature LETTERS OF CREDIT Special Types Most Commercial Letters of Credit are issued to meet the needs of typical shipment transac- tions in which the Letter of Credit ... of the second Letter of Credit, utilizing the first as a source of payment to the issuer of the second Letter of Credit. The two Letters of Credit used to facilitate the purchase and resale of ... identity of one party from another, a Transferable Letter of Credit or a Back- to-Back Letter of Credit may permit the transaction to go forward. Transferable Letters of Credit – When a Letter of Credit issued...
Ngày tải lên: 10/08/2014, 07:21
Lines of Credit and Relationship Lending in Small Firm Finance pdf
... Journal of Financial Economics 25: 99-122. 24 driven loans. Moreover, when we group these four types of loans together, only 26.0% of borrowers with two or more of any of these types of loans ... conjecture that our finding of a significant effect of relationship lending on loan prices differs from that of Petersen and Rajan (1993,1994) primarily because of their inclusion of "transaction-driven" ... Y. 1970. "A Credit Scoring Model for Commercial Loans," Journal of Money, Credit and Banking 2: 435-445. Petersen, M. A. and Rajan, R. G. 1993. "The Effect of Credit Market Competition...
Ngày tải lên: 06/03/2014, 08:20
BRIEF HISTORY OF CREDIT AND ITS DEFINITION doc
... . 4" Senior Credit Inves&gator * ( +* ... <+++(++('%+% $#'%#+&,1+,1 '*+,1< + 9 + ,1 + ,1 Sound Credit Management # >C'; >#%$%@D<>-CE= >D9@*+>$>D%<F+ = >?&2%@D<G = ... 1B.C 4" Credit Inves&gator + . -3 ...
Ngày tải lên: 12/07/2014, 07:20
pelaez - regulation of banks and finance; theory and policy after the credit crisis (2009)
Ngày tải lên: 03/11/2014, 19:19
Dictionary of Banking and Finance
... costs. breakdown / brekdaυn / noun 1. an act of stopping working because of me- chanical failure ć We cannot communi- cate with our Nigerian office because of the breakdown of the telephone lines. 2. an act of stopping talking ć a ... matters as the issue of shares, the conduct of meetings and the appointment of directors ć This procedure is not allowed under the arti- cles of association of the company. articles of incorporation / ɑtk(ə)lz ... same brand of product brand name / brnd nem / noun a name of a particular make of product breach / britʃ / noun a failure to carry out the terms of an agreement ˽ the company is in breach of contract...
Ngày tải lên: 03/10/2012, 10:53
International payment service by opening Letter of Credit at Vietnam Eximbank Hanoi Branch.doc
... 1 1.1. Definition of Letter of Credit 1 1.2. Role of Banks in Documentary Letters of Credit 3 1.3. The Documentary Credit Cycle 3 2. Import LC 5 3. Export LC 7 II. HISTORY AND DEVELOPMENT OF EXIMBANK ... Letter of credit. 1.1 Definition of Letter of credit According to Wikipedia, the free encyclopedia http://en.wikipedia.org/: “the English name “letter of credit derives from the French word “accreditation” ... Letter of Credit. Letter of Credit is abbreviated as an LC or L/C and often is referred to as a Documentary credit, abbreviated as DC or D/C, documentary letter of credit, or simply as Credit. ...
Ngày tải lên: 27/10/2012, 16:44