Legal aspect of documentary letter of credit fraud in international commerce

Authors

  • Yunus Emre AY

DOI:

https://doi.org/10.7220/2029-4239.23.7

Keywords:

Documentary Letter of Credit, Fraud, Payment Method in International Commerce

Abstract

Documentary letter of credit is the most important payment method in international commerce. The purpose of a letter of credit is to share risks to the parties equally and provide confidence for payment. However, a letter of credit fraud disrupts confidence and creates risk for actors in international commerce. Therefore, it’s legal aspects are very important and shall be discussed in this paper. 

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Published

2021-09-06

How to Cite

Emre AY, Y. (2021). Legal aspect of documentary letter of credit fraud in international commerce. Law Review / Teisės apžvalga, 1(23), 130–143. https://doi.org/10.7220/2029-4239.23.7

Issue

Vol. 1 No. 23 (2021)

Section

I. HUMAN RIGHTS AND EUROPEAN UNION LAW

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