This book is a documentary of the Letters of Credit that is governed by the Uniform Customs and Practice (UCP). There are several sections in this book like, mechanism of letters of credit, various types of letter of credit, letter of credit and exporter, negotiation of document under a letter of credit, retirement of documents under a letter of credit, bank charges relating to letter of credit, etc. All articles of UCP 400 & 500 with their changes have also been added.
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