"Introduction to International Trade Finance" covers the complete cycle of international trade and explains the roles of the specialist operators. The book aims to: guide the reader through every phase of typical trade transactions, examining in detail the relationships between the various parties involved and explaining the facilities employed; demonstrate the range of banking instruments and techniques available to exporters and importers which enable them to enter into contracts, confident that whichever method of settlement they agree upon can be provided with the minimum of risk; and, provide a firm understanding of when to apply a particular form of finance, what risks are involved and how they can be counteracted. It is now updated to include the UCP600. It is inspired from the basic entry level training courses that have been developed by major international banks worldwide. It will enable MSc Finance students, MBA students and those already in the finance profession to gain an understanding of the basic information and principles underlying the topic under discussion. Questions with answers, study topics, practical "real world" examples and text with an extensive bibliography and references ensure learning outcomes can be immediately applied.