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OverviewA guide that tackles this vital financial instrument from a practical as well as legal perspective. Augmented with numerous real life cases, the book addresses the exact procedures undertaken by global banks in handling standby letters of credit transactions whilst providing an article by article interpretation of the ISP98 Full Product DetailsAuthor: Jacob E. SifriPublisher: Palgrave Macmillan Imprint: Palgrave Macmillan Dimensions: Width: 15.50cm , Height: 2.00cm , Length: 23.50cm Weight: 0.535kg ISBN: 9780230212183ISBN 10: 0230212182 Pages: 234 Publication Date: 21 May 2008 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Out of Print Availability: Out of stock ![]() Table of ContentsForeword Preface Acknowledgement An Overview: Standby Letters of Credit General Provision: Rule 1 - ISP98 Obligations: Rule 2 - ISP98 Presentation: Rule 3 - ISP98 Examination: Rule 4 - ISP98 Notice, Preclusion and Disposition of Documents: Rule 5 - ISP 98 Transfer, Assignment, and Transfer by Operation of Law: Rule 6 - ISP 98 Cancellation: Rule 7 - ISP 98 Reimbursement Obligation: Rule 8 - ISP98 Timing: Rule 9 - ISP98 Syndication/Participation: Rule 10 - ISP98 Types and Uses of Standby Letters of Credit Roles and Responsibilities Risk Management Fraud Detection and Prevention Presentation and Settlement IndexReviewsAuthor InformationJACOB SIFRI is a Banking Operations and Trade Finance Consultant. He frequently publishes research papers and studies on risk management in banking and trade finance and has written two other books on Letters of Credit. He is a principal trade finance trainer for several banks and regular speaker at international conferences on the subject. Previously Senior Import/Export Officer at HSBC Bank - Middle East. Tab Content 6Author Website:Countries AvailableAll regions |