Users Handbook for Documentary Credits under UPC 600

The International Chamber of Commerce's adoption of the Uniform Customs and Practice for Documentary Credits (UCP 600) effective July 1, 2007, provides an opportune time for a handbook that explains the mechanics of international sales, the role banks play in them, and the use of documentary credits to support and finance them. In the Users' Handbook for Documentary Credits under UCP 600 Walter (Buddy) Baker, an international trade specialist, and John Dolan, a scholar of letter of credit law, address that timely need with eighteen chapters explaining and diagramming the various transactions that facilitate international trade. The handbook also treats standby credits in international sales of goods and services