Skip to product information
1 of 2


Documentary Credits in Practice

Regular price $ 49.00 USD
Regular price $ 70.00 USD Sale price $ 49.00 USD
Sale Sold out
Book Type

An opening general section of the book elaborately introduces the documentary credit, its character, and role in payment and financing of the international trade. The documentary credit is compared with other payment methods from the standpoint of its advantages and disadvantages, both from the seller’s and the buyer’s point of view. The DC is explained in a most practical way, differentiating this publication from others in the field. The DC instrument is explained “step by step”, i.e. each aspect of the credit treated separately, from top to bottom of the credit instrument. UCP 600 rules are herewith clarified with comprehensive attention placed on various options and situations, linked directly to specific documentary credit terms and conditions.

A practical section follows which describes the documentary credit cycle in detail: from the preliminary stages of contracting through negotiation of the contract terms and conditions; final contract conclusion; issuance of the documentary credit; preparation of the documents required by the credit; to the presentation and drawing. Liabilities and responsibilities of the involved parties are explained as well as the optimal operational procedures, identification of common problems and issues, and the safeguards for dealing with them in daily practice.

As the documentary credit is not only a payment instrument but can also serve as a financing tool, a third section of the book examines the various forms of financing based on documentary credits. 

The book’s fourth section thoroughly addresses all facets of examination of documents presented under documentary credits.

Unique in both its scope and practicality, Documentary Credits in Practice is specifically designed for exporters, importers, and bankers, as well as carriers, freight forwarders, cargo insurers, and other practitioners actively engaged in international trade.

Documentary Credits in Practice is authored by Pavel Andrle, an established international trainer and consultant in trade finance and long-time member of the ICC Banking Commission. For more information about the publication or to order the physical copy, please visit the website: