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Scrutiny of Documents: Procedures

  • Tarsem Bhogal
  • Arun Trivedi
Chapter
Part of the Finance and Capital Markets Series book series (FCMS)

Abstract

Documentary Credits: Documentary credits are classic instruments for financing purchasing of foreign goods and foreign equipment. They may provide assistance to the issuing bank to grant financial facility to the importer. They may also provide assistance to the advising/confirming bank to grant financial facility to the exporter.

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Tarsem Bhogal
    • 1
  • Arun Trivedi
    • 1
  1. 1.LondonUK

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