International Trade Finance and Forex Operations

Focusing on the intersection of theory and practice in international finance, this book delves into banking theories and operational procedures, particularly in payment methods. It provides in-depth discussions on various types of letters of credit (LCs), including revolving and back-to-back LCs, while addressing the specific applications of documentary discrepancies. This comprehensive approach equips readers with both theoretical insights and practical knowledge essential for navigating the complexities of international finance.