Title: International Exchange Its Terms, Parts, Operations and Scope A Practical Work on the the Foreign Banking Department and Its Administration by American Bankers Classic Reprint
Publisher: Forgotten Books
Publication Date: 2019
Language: English
ISBN 10: 0666422605
ISBN 13: 9780666422606
Binding: HRD
Condition: New
Weight: 645 grams

About this title

Synopsis

Master the practical world of international exchange and foreign banking.

This nonfiction guide explains the terms, components, and daily operations of the Foreign Banking Department as used by American banks. It presents a concrete, action‑oriented view of how international money, drafts, and letters of credit move across borders.

Drawing on real-world procedures, the book frames a modern approach to foreign exchange for bankers and students. It emphasizes practical methods, standard practices, and the decision points that drive international financial activity, with a focus on how banks manage accounts, remittances, and settlements across major European and global markets.

How exchange rates and discounts are calculated for drafts, accepted bills, and payments
How letters of credit and documentary collections are used in international trade
Structures of European banking accounts and the flow of remittances across borders
Conversion, arbitrage, and risk management concepts essential to cross‑border finance

Ideal for readers involved in banking or international trade who want a clear, practical grounding in how foreign exchange and related banking operations work.

"About this title" may belong to another edition of this title.

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