The World Trade Press “Illustrated Guide to Letters of Credit” is an industry-standard professional guide, with more than 200,000 copies in print worldwide.

The guide provides buyers, sellers, and bankers a clear, step-by-step presentation of how (documentary) letters of credit work. The guide is made more understandable with professionally drawn illustrations for each step in the process.

In addition, the World Trade Press “Illustrated Guide to Letters of Credit” explains the different types of letters of credit, the role of banks, and the “Uniform Customs and Practice.” It describes the parties to the transaction, as well as the issuance, amendment, utilization, settlement, availability, and other details of transactions. The guide also explains complying with a letter of credit, revocable vs. irrevocable letters of credit, confirmed vs. unconfirmed letters of credit, and bank forms for application and issuance of letters of credit, all with step-by-step illustrated procedures.

Who Should Purchase This Report?

The World Trade Press “Illustrated Guide to Letters of Credit” is an essential resource for understanding how (documentary) letters of credit are used in international transactions. It is an important tool for importers, exporters, product brokers, logistics professionals, and international bankers.

International attorneys, trade associations, chambers of commerce, and students of international trade will also find this report helpful.

Edward G. Hinkelman is an international economist (Tufts University, University of Paris) with more than 40 years’ experience as an importer and exporter.

Mr. Hinkelman is the author of the industry-standard Dictionary of International Trade (now in the 13th edition), the Short Course in International Payments (now in the 4th edition), the Short Course in International Trade Documentation (now in the 3rd edition), and Importers Manual USA (now in the 4th edition).

Mr. Hinkelman has been a featured speaker at many industry seminars related to topics of international trade, economics, and publishing, as well as a visiting lecturer at Tufts University, the University of California at Berkeley, the University of Michigan, and San Francisco State University.

This report is available in bulk quantities with a customized cover with your firm’s logo, tagline, and company colors. We can also add specialized content to your specifications.

Contact us at +1 (800) 833-8586 x1 or logisticssales@worldtradepress.com to discuss how we can produce a cost-effective and unique product for your firm.