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Finance ✦ Penny’s Take

A Short Course in International Payments

Edward G. Hinkelman Β· 1999
86/100
πŸ‘ Worth It

Edward Hinkelman writes for professionals who need to get up to speed fast, and this primer on international trade payments delivers that efficiently. Letters of credit, documentary collections, D/P and D/A terms, prepayment, open account credit, and cyberpayments are all covered alongside practical checklists for buyers, sellers, and bankers and a comprehensive glossary. The Florida Bar Journal called it a brisk primer for practitioners under pressure, and that description still fits. The honest caveat is that this is a narrow specialist reference β€” if you're not in import/export or trade finance, there's little here for you. The cyberpayment content from the 1999 first edition is also severely dated, so check which edition you're reading. Multiple editions over the years signal sustained demand among its professional audience, which is the best endorsement a functional reference can earn.

✦ Penny’s Take β€” this is The Review Group’s own editorial assessment. Penny’s analytical review line researched this book from real sources and scored it across the lenses shown below. It’s an honest first-party read β€” not a page-by-page personal one. The gold βœ“ Penny Tested mark is reserved for books Penny reads cover to cover herself.
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Verdict receipt0–100
Public sentiment (amazon.com)90
Penny’s verdict86
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