Documentary credit in practice

A unique publication on our market, which comprehensively and practically deals with this very important method of financing foreign as well as domestic trade. It will facilitate all businessmen, importers and exporters in their daily business dealings with trading partners and banks in connection with documentary credits.

The issue is treated both from the perspective of the standard rules according to which they are implemented worldwide - the Uniform Customs and Rules for Documentary Credits - and from the perspective of Czech banking practice.

The author created a reference publication that has become a standard in the field. For this reason, many leading experts have been consulted - the result is maximum objectivity in clearly formulated information. The new updated edition responds to changes in practice in the review of documents submitted under documentary credits.

The publication is also enriched with a new chapter focused on the financing of letters of credit, both from the perspective of the exporter and the importer.