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Subrat SaurabhAuthor of Kuch Woh PalNisha Koshal is a certified documentary credit specialist and trade finance professional. She developed an interest in trade finance while pursuing her Post Graduate Diploma in Management (PGDM). The author worked at a multinational banking company and subsequently at a private limited bank. She wanted to acquire the Certificate for Documentary Credit Specialists (CDCS), however did not understand the complex subject. It was then that the author took a serious career decision to quit her banking career and focus on learning the subject. It was not long before she successfuRead More...
Nisha Koshal is a certified documentary credit specialist and trade finance professional.
She developed an interest in trade finance while pursuing her Post Graduate Diploma in Management (PGDM).
The author worked at a multinational banking company and subsequently at a private limited bank. She wanted to acquire the Certificate for Documentary Credit Specialists (CDCS), however did not understand the complex subject.
It was then that the author took a serious career decision to quit her banking career and focus on learning the subject. It was not long before she successfully completed the certification.
Understanding Letter of Credit is her attempt to share her understanding of the complex subject.
She currently works as a trade finance professional in Chennai.
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Achievements
"Understanding Letter Of Credit Part 2" is a seamless continuation of the previous book, "Understanding Letter of Credit," designed to enhance your knowledge on the subject. This exceptional book delves into questions related to UCP, ISBP, and URR, supplemented by practical diagram-based inquiries, all explained in a clear and accessible manner. Even trade finance enthusiasts, particularly those with a keen interest in letters of credit, often encounter diffic
"Understanding Letter Of Credit Part 2" is a seamless continuation of the previous book, "Understanding Letter of Credit," designed to enhance your knowledge on the subject. This exceptional book delves into questions related to UCP, ISBP, and URR, supplemented by practical diagram-based inquiries, all explained in a clear and accessible manner. Even trade finance enthusiasts, particularly those with a keen interest in letters of credit, often encounter difficulties in grasping the complexities of the subject. Consequently, to cater to their needs, we have crafted this second book, building on the solid theoretical foundation laid in the first installment, thereby facilitating a more profound understanding of the topic.
This comprehensive work has been authored by two esteemed specialists in the field of letters of credit: Ms. Nisha Koshal and Mr. Vikas Jain. Together, they boast an impressive 25 years of combined experience. While Ms. Nisha holds the prestigious CDCS certification, Mr. Vikas Jain boasts multiple certifications, including CDCS, CSDG, CITF, and CTFP, and he is actively pursuing further credentials as a CDCS and CSDG advocate. Drawing from their wealth of knowledge and expertise, the authors have meticulously crafted this book, making it an invaluable resource for trade finance professionals and individuals preparing for the CDCS examination alike. With their insights and real-world experience, the authors ensure that this book is a comprehensive guide to the intricacies of letters of credit.
The book elucidates the importance of a letter of credit in matters of trade finance. A letter of credit is an instrument that is used worldwide to facilitate the flow of trade finance.
This book is ideal for beginners who are interested in the subject but do not possess a clear understanding of the basics of the letter of credit or adequate technical knowledge. It may also benefit bankers and students of international trade finance. It will help them bu
The book elucidates the importance of a letter of credit in matters of trade finance. A letter of credit is an instrument that is used worldwide to facilitate the flow of trade finance.
This book is ideal for beginners who are interested in the subject but do not possess a clear understanding of the basics of the letter of credit or adequate technical knowledge. It may also benefit bankers and students of international trade finance. It will help them build a strong foundation to help understand how to tackle difficult day to day transactions.
The book explains the UCP 600 guidelines that govern letters of credit and the roles of the issuing bank, beneficiary, advising bank, nominated bank, confirming bank, applicant and so on.
This book is not exhaustive as letter of credit is a vast subject and every single transaction carried out is unique. The book has been written keeping in mind the difficulties I faced while working at a bank and the experiences I have gained thus far, on my journey as a trade finance professional.
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