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Jim Chester Cowles & Thompson, PC Dallas, Texas INTERNATIONAL TRADE FINANCE Presented by: January 20, 2010
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],January 20, 2010 International Business Transactions
[object Object],[object Object],[object Object],[object Object],[object Object],January 20, 2010 International Trade Finance
January 20, 2010 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sources of International Trade Financing
January 20, 2010 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sources of International Trade Financing: Legal Concerns
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],January 20, 2010 International Trade Finance
[object Object],[object Object],[object Object],January 20, 2010 Wire ,[object Object]
[object Object],[object Object],[object Object],[object Object],January 20, 2010 Letter of Credit
[object Object],[object Object],[object Object],January 20, 2010 Letter of Credit
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],January 20, 2010 Letter of Credit
[object Object],[object Object],[object Object],[object Object],[object Object],January 20, 2010 Letter of Credit
January 20, 2010 Documentary Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Diagram of Letter of Credit Transaction Issuing Bank (foreign) Confirming Bank (US) Foreign Buyer US Seller Products Products $ Docs $ $ Docs
January 20, 2010 Documentary Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Documentary Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Documentary Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Documentary Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Standby Letter of Credit ,[object Object],[object Object],[object Object],[object Object],[object Object]
January 20, 2010 Back - to - Back Letter of Credit ,[object Object],[object Object],[object Object]
January 20, 2010 Regulatory Considerations Anti-Boycott Laws -- Do not allow impermissible terms to appear in LC’s  Foreign Corrupt Practices Act (FCPA) -- Beware of improper commissions or other payments Other Trade Laws affecting Payments -- OFAC, PATRIOT Act, etc.
Questions? ,[object Object],[object Object],[object Object],January 20, 2010

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International Trade Finance

  • 1. Jim Chester Cowles & Thompson, PC Dallas, Texas INTERNATIONAL TRADE FINANCE Presented by: January 20, 2010
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. January 20, 2010 Diagram of Letter of Credit Transaction Issuing Bank (foreign) Confirming Bank (US) Foreign Buyer US Seller Products Products $ Docs $ $ Docs
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20. January 20, 2010 Regulatory Considerations Anti-Boycott Laws -- Do not allow impermissible terms to appear in LC’s Foreign Corrupt Practices Act (FCPA) -- Beware of improper commissions or other payments Other Trade Laws affecting Payments -- OFAC, PATRIOT Act, etc.
  • 21.

Notes de l'éditeur

  1. DEPEND ON TYPE OF INSTITUTION INVOLVED