his article addresses the phenomenon of document discrepancies in international trade financing as a significant worldwide issue resulting in unnecessary delays, refused payments, and financial loss when banks discover discrepancies in required trade finance documents presented under the...

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...