Faithin Omaha eBook Collection

Letters of credit and bank guarantees are the most important financial instruments in international exchange. Matti S. Kurkela, a leading expert in the field, p

A number of practical implications and issues can arise in the daily functioning of independent (first demand) guarantees and standby letters of credit. Bank Gu

This book is the first to provide an extensive analysis of the range of defences to payment under letters of credit and demand guarantees. It considers the exte

This paper provides a theory model of trade finance to explain the "great trade collapse." The model shows that, first, the riskiness of international transacti

Familiarity with guarantees and how they function under various national jurisdictions are essential for principals, guarantors, and beneficiaries of internatio