Explain the trade finance, Corporate Finance

Assignment Help:

Question:

Trade finance is much facilitated by banks' intervention as guarantors for the execution of financial commitments on behalf of importers. Banks provide a large variety of trade finance products and services and they ensure that trade contracts are properly executed through verification of documents of trade.

(a) Explain the following terms used in Trade Finance:

(i) Clean bill of exchange
(ii) Incoterms
(iii) Acceptance pour aval
(iv) UCP 600

(b) Assess how ‘incoterms' affect the documents that exporters must produce.

(c) Discuss the different functions of a bill of lading.

(d) Under the Article 9 of the UCP 600, banks have to follow certain rules in relation to amendments to be brought to letters of credit. Discuss on three of these rules to be followed.


Related Discussions:- Explain the trade finance

What is the minimum accrual rate, Question: Car Maker Ltd is a multinat...

Question: Car Maker Ltd is a multinational. In one of the countries where it is present, current legislation makes it compulsory for companies to pay a gratuity lump sum at ret

#titlefiscal policy.., Ask question #Minimum 100 words aapplicability of al...

Ask question #Minimum 100 words aapplicability of allocation function of fiscal policy#

Calculate the pv and npv, Suppose you take out a loan of $10,000, repayable...

Suppose you take out a loan of $10,000, repayable by five equal annual instalments. The interest rate is 10% per year. (a) How much do you need to repay per year to the nearest ce

Risk-return relationship, Problem 1 What is a bill of exchange? Explain...

Problem 1 What is a bill of exchange? Explain carefully the requisites for a bill of exchange to be valid.  Problem 2 You have a close friend, Peter, who is a renowned

Ethical implications behind corporate governance, problem 1 (a) (i) De...

problem 1 (a) (i) Define Corporate Governance. (ii) Show the ethical implications behind Corporate Governance. (b) (i) Why do organizations engage in social accounting?

Free cash flow, Hi, I''m looking for a tuttor that can help analysing free ...

Hi, I''m looking for a tuttor that can help analysing free Cash flow for a Company - for an exam I''m preparing for.

Mergers & acquisitions , Mergers & Acquisitions now is playing crucial role...

Mergers & Acquisitions now is playing crucial role in modern corporate finance world. For any prospects, there is only one reason for a firm making an offer to M&A another firm,

motives-valuation-financing-recommendations , 1. Motives - This section sh...

1. Motives - This section should include a detailed discussion of the main motives for the proposed acquisition supported by the latest academic literature and advances within the

Market efficiency, differentiate between allocative efficiency and price ef...

differentiate between allocative efficiency and price efficiency

Find out the initial probability, a)    The option to expand the capacity o...

a)    The option to expand the capacity of a project can be viewed as owning what kind of option written on the underlying project?  Explain b)    The option to shutdown a proje

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd