Letter of Credit - Bank Guarantees - Bill of Exchange (Draft) in Letters of Credit

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Exploring the intricacies of trade finance, this book delves into the distinctions between bank guarantees and letters of credit, providing a comprehensive understanding of their roles in global commerce. It examines essential instruments such as bills of exchange and drafts, highlighting their applications in letters of credit. With a focus on practical insights, the text serves as a valuable resource for professionals navigating the complexities of international trade finance.