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Letters of Credit: Theory and Practice

Author Name: Rupnarayan Bose | Format: Paperback | Genre : Business, Investing & Management | Other Details

Letters of Credit: Theory and Practice explains in simple English all the important information you’ll ever need on letters of credit (LC). This book provides extensive, easy-to-understand, practical and useful suggestions to help during negotiations, in selecting the right terms of payment, improving operations, reducing errors and risks, facilitating trade and final settlement, and much more.

It is extensively researched, delving deep into the subject of international trade, presenting current issues and solutions related to LCs that the reader may not otherwise come across easily.

A gold mine of information on payment risk management, it’s the last word on documentary credits.

“This book is a great read for knowledge and practical information on letters of credit. It succinctly takes the reader through the concepts of risk management, explains the fundamentals of global trade finance issues, the dilemmas plaguing international sellers and buyers, and standardised ways for the buyer and the seller to secure goods and make payments, respectively. This is a must-read book for academicians, exporters, importers and bankers looking for complete, authentic information on international trade finance and global business.”

-          Dr. Deepankar Sinha, Professor; Head - Research Division, Kolkata Campus; Programme Director - Centre for Trade and Logistics (CFTL), Kolkata Campus, Indian Institute of Foreign Trade (IIFT)

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Rupnarayan Bose

Rupnarayan Bose worked at various positions with the State Bank of India for the major part of his professional career. Later, he served as the managing director of two banks in Kenya and Uganda before returning to India to pursue his interests in academics.

He has gained a considerable reputation as a specialist in international trade rules, especially those of the International Chamber of Commerce (Paris). He has authored several books, and a large number of articles on international trade published in reputed journals and periodicals in India and abroad. He has been delivering lectures in India and overseas on settlement risk management, documentary credits, documents and documentation in export/import trade, the Incoterms rules and guarantees, and multiple other topics.

Presently, among his other engagements, he is also a visiting faculty at the Indian Institute of Foreign Trade and is fully involved in his passions for writing, as a faculty and trainer.



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