Titlebook: International Trade Finance; A Pragmatic Approach Tarsem Bhogal,Arun Trivedi Book 2019Latest edition The Editor(s) (if applicable) and The

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Foreign Exchange Rates,ay have the option to decide whether to trade in GB pound or a foreign currency. Before they look at these important points, it would be better to consider the international financial system as this will help in the selection of the appropriate method of payment and/or settlement of funds due.

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INCOTERMS 2010,porter and exporter the terms of sale and purchase for delivery of goods must be clarified to avoid any dispute at a later stage. Very often this is not done in the initial stage and oversight or lack of knowledge of the INCOTERMS on the part of the parties involved can cause difficulty to them and

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Common Irregularities in Documents,er, mistakes do occur and these cause extra work for the exporter and the bank(s) involved. This extra work causes delay in receiving payment from the importer/bank, and may involve extra cost for the exporter. The irregularities/discrepancies can be avoided by paying due attention.