The question of what constitutes ‘fraud in the transaction’ with respect to international letters of credit varies considerably among jurisdictions. In prov

A guide that tackles this vital financial instrument from a practical as well as legal perspective. Augmented with numerous real life cases, the book addresses

For decades, this remarkable book – now in its updated fourth edition – has served practitioners in international trade and banking law as a thorough ‘cod

The book elucidates the importance of a letter of credit in matters of trade finance. A letter of credit is an instrument that is used worldwide to facilitate t