Export–Import Financing (Frontiers in Finance Series) - Hardcover

Venedikian, Harry M.; Warfield, Gerald A.

Hardcover

ISBN 10: 0471121053 ISBN 13: 9780471121053

Publisher: John Wiley & Sons, 1996

Synopsis

The completely revised and updated edition of the Wiley classic guide to export and import financing

Since 1974, Export–Import Financing has been the "bible" for international traders, entrepreneurs, U.S. and foreign bankers, and students of foreign commerce and banking. Totally revised and updated, this fourth edition is an invaluable guide to all aspects of export–import financing, including coverage of the latest tools, examples, and techniques for financing all types of international trade, through every stage of the process. No other single reference supplies such clear, easy–to–understand guidance on how export–import transactions are executed, the financial roles of lending institutions in financing, and how new legislation has affected international trade. And none comes close to offering the range of current examples and samples of financing forms, sales contracts, and letters of credit users need to navigate the labyrinth of international trade.

• Covers new areas of risk for import–export, new regulations governing documentary credit, new swaps and arbitrage techniques, and new strategies for obtaining credit for trade in emerging markets
• Features a country–by–country breakdown of export–import financing rules and a comprehensive list of export credit insurers in major countries
• Offers a thumbnail review of financing offered by the Export–Import Bank of the U.S.

HARRY M. VENEDIKIAN (Woodside, New York) is an International Trade Specialist at Chase Manhattan Bank. He teaches international banking and trading at New York University, Pace University, and the American Institute of Banking. GERALD A. WARFIELD is the author of The Investor′s Guide to Stock Quotations and How to Buy Foreign Stocks and Bonds.

About this title

From the Back Cover

The definitive book in its field since 1974, Export–Import Financing provides global traders, U.S. and foreign bankers, and students of global commerce with a complete, current, and in–depth guide to every aspect of global trade financing.

This newly revised and updated Fourth Edition includes the latest techniques and vehicles for financing all types of export and import operations. Here is the latest information on emerging markets, new hedging techniques, particular areas of risk for import and export, recent regulations governing documentary credit, and new financing rules. Export–Import Financing covers a wide range of topics, from foreign trade definitions, bank guarantees, and risk management, to shipping and collection, and the latest legislation.

Export–Import Financing, Fourth Edition, contains invaluable information on banking deregulation, international bank custody operations, bank involvement in insurance, changes in the maritime industry, and much more. Written and organized for maximum clarity and accessibility, this comprehensive volume includes:

• The roles of commercial banks, private institutions, and governments in export–import financing, and how they interact
• How transactions are executed, including the role of foreign exchange and techniques for hedging
• The tools, techniques, and vehicles for financing all types of international trade, from letters of credit to bankers′ acceptances

Like its distinguished predecessors, Export–Import Financing, Fourth Edition, has been designed for practical use. Numerous samples of the various instruments and forms used in daily financial and banking operations are included, from sales contracts to six different types of credit and risk analysis. This indispensable volume has the detailed information you need to stay abreast of the latest developments in the changing world of international commerce.

Packed with invaluable information on how transactions are executed, the effects of recent legislation, and new financing techniques, Export–Import Financing, Fourth Edition, is certain to remain the "bible" for international traders, U.S. and foreign bankers, and students of foreign commerce. The book thoroughly covers every aspect of export–import financing including banking deregulation, international bank custody operations, bank involvement in insurance, and changes in the maritime industry. Easy to use and clearly written, this indispensable volume contains all the information you′ll need to keep pace with the ever–changing nature of the world of international finance

The latest techniques and vehicles for financing all types of export and import operations at every stage of the process–from obtaining credit for trade in emerging markets to how transactions are executed

• Coverage of new hedging techniques, new areas of import–export risk, recent regulations governing documentary credit, and new financing rules
• A completely new section entitled "Documentary Letter of Credit Examination Procedures"
• The latest risks of collection services and the risks involved with Red Clause Credits
• Specifications for the new ECU currency basket and recent currency fluctuations permitted by the EMS
• Air cargo updates, revised foreign trade definitions, updated coverage of bank guarantees for advanced payments and risk management, and an analysis of the effects of the loosening of the McFadden Act

About the Author

Harry M. Venedikian is currently International Trade Officer at Chase Manhattan Bank. Previously, he was at Banque du Caire. He is a professor at New York University, Pace University, and the American Institute of Banking, where he teaches classes in international banking, trading, and management. Mr. Venedikian received his MBA and BPS at Pace University and his DSPC at Ecole Superieure de Commerce in Paris.

Gerald A. Warfield is the author of two previous financial books, The Investor′s Guide to Stock Quotations and How to Buy Foreign Stocks and Bonds. He is listed in Who′s Who in America and Who′s Who in the World. He received his BA from North Texas State University and his MFA from Princeton University.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 1996
• ISBN 10: 0471121053
• ISBN 13: 9780471121053
• Binding: Hardcover
• Edition number: 4
• Number of pages: 496