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...
Main Author: | N. A. Butakova |
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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
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Series: | Теоретическая и прикладная юриспруденция |
Subjects: | |
Online Access: | https://www.taljournal.ru/jour/article/view/12 |
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