Letter Of Credit as a Payment Instrument of the Export-Import Deal

Letter of credit — a financial term, one of the types of payment instruments between the participants of export-import contract. Today the letter of credit is recognized by financiers in all over the world as the most universal way of payment in foreign economic activity. The letter of credit allows...

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Bibliographic Details
Main Author: N. A. Butakova
Format: Article
Language:English
Published: North-West Institute of Management, Branch of Russian Presidential Academy of National Economy and Public Administration (RANEPA) 2019-10-01
Series:Теоретическая и прикладная юриспруденция
Subjects:
Online Access:https://www.taljournal.ru/jour/article/view/12