International Trade Finance From Convention to Blockchain Innovation (Third Edition)

The third edition has undergone significant revisions from the second edition, which was published in 2011. Significant enhancements include coverage of　advancements in electronic commerce and financialtechnology (fintech), particularly the adoption of blockchain-based letters of credit and internet of things. Readers will gain valuable knowledge about trade developments in fintech, blockchain, and important trade promotion institutions in the Greater Bay Area.

This book offers comprehensive and well-structured content, making it an excellent resource for training professionals such as bankers, import/export managers, and lawyers.

It is particularly beneficial for students enrolled in the Finance of International Trade module of the Professional Diploma for Certified Banker offered by the Hong Kong Institute of Bankers, helping them prepare effectively for their examinations.

 

Dr. Kwai Wing LUK holds an MBA in International Banking and Finance from the University ofBirmingham and a doctoral degree in Business Administration from Macquarie University. A CertifiedBanker, he worked in Hong Kong banks for a decade before joining City University of Hong Kong as a Lecturer and later Senior Lecturer, retiring in 2016. Post-retirement, he continued part-time teaching at CPCE, Hong Kong Polytechnic University, and supervised banking projects. Specializing in commercial banking and trade finance, he has trained many banking professionals including staff from mainland China. Additionally, he has served as an examiner or moderator for several examination subjects for the Hong Kong Institute of Bankers. Currently, he is working part-time in the Faculty of Business, Macao Polytechnic University, supervising master’s projects focused on finance with data analytics. His research interests include blockchain with cross-border payment, central bank digital currency, tokenization, and financial supply chain.

1. Terms of Payment in International Trade
2. Shipping Documents in International Trade
3. Shipping Terms Used in International Trade
4. Documentary Collection
5. Documentary Credit
6. Banking Facilities and Services for Exporters and Importers
7. Export Credit Insurance
8. Important Trade Promotion Institutions in the GuangdongHong Kong-Macao Greater Bay Area
9. Contractual Relationship of Various Parties in a Documentary Credit Operation
10. Transferable Credit (Letter of Transfer)
11. Back-to-Back Credit and Bridge Credit
12. Red Clause Credit, Revolving Credit and Standby Credit
13. Various Types of Bonds in International Trade
14. Financial Technology and International Trade Finance
15. Uniform Rules for Collections: URC 522 and eURC Version 1.1
16. Uniform Customs and Practice for Documentary Credit: UCP 600 and eUCP Version 2.1
17. Questions and AnswersDr. Kwai