A Complete Guide to Letters of Credit and the UCP provides a rich source of information, guidance and suggestions for everyone dealing with letters of credit. Complex issues relating to LCs' operations are explained in a very lucid manner, reinforced by references to the UCP, ISBP, and the Opinion of the ICC banking Commission. Separate chapters are devoted exclusively to methods of payment, management of risks in international trade, bills for collection, shipment terms (Incoterms 2010), marine insurance and the International Cargo Clauses. This book should be of great interest to the bankers, importers, exporters, executives with international trading houses, as also the instructors, trainers, faculty members, and those appearing for examinations or interviews. Further, since the rules of the UCP are applicable to inland letters of credit, this book should be useful to persons dealing with domestic LCs.