{"product_id":"international-trade-finance-by-indian-institute-of-banking-finance-iibf","title":"International Trade Finance By Indian Institute of Banking \u0026 Finance (IIBF","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eInternational Trade Finance \u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003eoffers a 360-degree perspective on the rapidly evolving landscape of cross-border trade and its financing mechanisms. This book distils foundational theories and cutting-edge developments in trade finance into a single, authoritative resource. The text outlines the critical components of traditional trade finance—letters of credit, bills of exchange, shipping documents—and also addresses contemporary challenges, including trade-based money laundering risks, maritime fraud, sanctions compliance, and the ongoing transition from LIBOR to Alternate Reference Rates (ARRs). It has been updated by subject matter experts and vetted by seasoned bankers. They aim to impart knowledge rooted in industry best practices and aligned with global regulatory frameworks.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBankers \u0026amp; Finance Professionals\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Needing to stay updated with the latest regulations, financing options, and documentary practices in international trade\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eExporters \u0026amp; Importers\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Looking for practical guidance on foreign trade policies, documentation, customs, and risk mitigation strategies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eStudents \u0026amp; Academics\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Pursuing specialised courses\/certifications in international business, banking, or finance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Executives \u0026amp; Legal Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Seeking clarity on the regulatory landscape, trade documentation, and compliance requirements across different jurisdictions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the 2025 Edition, updated by Gaurang Vasavada (Trainer and Consultant-Forex | Trade and International Banking \u0026amp; Ex-Banker – ICICI Bank). It is vetted by Sugata Datta (Former Chief General Manager – Bank of India | Ex-Faculty – Indian Institute of Banking \u0026amp; Finance (IIBF). Taxmann exclusively publishes this book for the Indian Institute of Banking and Finance with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eHolistic Coverage\u003c\/strong\u003e] Ranging from classical theories of international trade to the latest ICC guidelines (\u003cem\u003eUCP 600, URC, URDG, ISP 98\u003c\/em\u003e), ensuring a well-rounded understanding of trade finance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eRegulatory \u0026amp; Policy Insights\u003c\/strong\u003e] Incorporates the latest stipulations of RBI, DGFT, Customs, and international bodies, including foreign trade policy updates\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eContemporary Themes\u003c\/strong\u003e] Dedicated coverage of digitisation (\u003cem\u003ee.g., eUCP, blockchain in trade\u003c\/em\u003e), supply chain financing, trade-based money laundering, and sanction compliance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003ePractical Case Studies\u003c\/strong\u003e] Illustrates how to read documentation, mitigate risks, and handle common pitfalls (\u003cem\u003elike fraudulent shipping documents\u003c\/em\u003e)\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan\u003e[\u003cstrong\u003eFocused on Skill \u0026amp; Knowledge Enhancement\u003c\/strong\u003e] Concludes each section with multiple-choice questions (MCQs) that assist with self-assessment, crucial for IIBF exam candidates and practitioners refreshing their knowledge\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 1 | Introduction to International Trade Finance\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eExplores classical and modern theories of trade, roles of WTO and trade blocs, exchange control regulations, and embargoes\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 2 | Trade Transactions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eDiscusses the various components of trade, documentation flows, payment modes, logistics, shipping formalities, and the advent of digitised processes (e.g., SWIFT)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 3 | ICC Publications \u0026amp; their Role\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAn in-depth explanation of key ICC rules (\u003cem\u003eUCP 600, URC, URDG, etc.\u003c\/em\u003e), along with practical guidance on Incoterms 2020, ensuring clarity on the responsibilities and liabilities in international transactions\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 4 | Financing Trade Transactions\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eFocuses on pre\/post-shipment finance, letters of credit, guarantees, factoring, forfeiting, and the transition from LIBOR to ARRs, highlighting the operational and regulatory aspects\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 5 | Regulatory Framework in India\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eProvides exhaustive details on RBI guidelines, Foreign Trade Policy 2023, customs regulations, role of DGFT, FEDAI rules, and the support mechanisms offered by agencies such as ECGC and Exim Bank\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSection 6 | Risk in International Trade\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli\u003e\u003cspan\u003eAddresses country\/political risk, credit and currency risks, maritime frauds, legal risks, and trade-based money laundering (TBML). Advises on best practices in risk management and compliance strategies\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eLogical Progression\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Commences with broad principles (\u003cem\u003eglobal trade theories\u003c\/em\u003e), transitions into specifics (\u003cem\u003edocuments, ICC rules\u003c\/em\u003e), and culminates in advanced topics (\u003cem\u003erisk mitigation and digitisation\u003c\/em\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eChapter-end MCQs \u0026amp; Summaries\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Facilitates quick revision and helps learners verify their grasp on complex topics\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractical Examples\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Illustrative case studies reinforce the practical application of theoretical knowledge\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAnnexures \u0026amp; Appendices\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Handy references, including policy details, guidelines, and contact information for export promotion councils\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Curiocty Box","offers":[{"title":"Default Title","offer_id":67607800807533,"sku":"BK-INTERTRADEFINANACE","price":591.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0701\/4609\/7261\/files\/1740118032120_00_IIBF--International-Trade-Finance--9789364551540_Bookstore-Thumnail-Slide_20022025.jpg?v=1790765054","url":"https:\/\/curioctybox.com\/products\/international-trade-finance-by-indian-institute-of-banking-finance-iibf","provider":"Curiocty Box","version":"1.0","type":"link"}