Financial supply chain

Includes index

Chapter 1.Introduction Chapter 2.The Revolutionary Changes Chapter 3.e-Financial Supply Chain-Banks Perspective Chapter 4.Early Players in the e-Financial Supply Chain Chapter 5.Case Studies on e-Financial Supply Chain Chapter 6.Legal Aspects of e-Financial Supply Chain Exhibit 1: Recollections of Pine Gulch, 1840-1890, taken from the Memoirs of Gus Mahler Exhibit 2: History and Importance of Banking Exhibit 3: Elements of Physical Supply Chain Exhibit 4: Admissibility of Electronic Records in Courts as in Indian Law Exhibit 5: UNIFI-ISO 90022-Sample Message Flows Customer Credit Transfer Initiation Exhibit 6: UNIFI-ISO 20022-Sample Message Definition Sample Message: Customer Credit Transfer Initiation Exhibit 7: UNCITRAL-Model Law on Electronic Commerce Exhibit 8: Countries that have Legislations Adopting Provisions of Model Law on Electronic Commerce Exhibit 9: Structure and Key Conditions of UCP 500, URC 522 and ISP98 Exhibit 10: Key Considerations of e-UCP Exhibit 11: Obtaining Electronic Evidence in Criminal Investigations

Commercial transactions result in exchange of goods. The reconciliation, however, takes place through transfer of money between the banks of buyer and seller. This process creates delays and leads to sub-optimization of the supply chain network. This book defines the concept of financial supply chain.