Comparative Study of Issuing Bank’s Obligations towards Beneficiary of the Letter of Credit under UCP and English Law
Process of international trade is complicated and risky. Risks will be more considerable when times come to deal with receiving/sending payments from/to unknown business partners in remote geographic areas. Employing documentary letters of credit (LC) is one of the ways to reduce payment risk in int...
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| Format: | Article |
| Language: | English |
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Hasanuddin University
2016-12-01
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| Series: | Hasanuddin Law Review |
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| Online Access: | http://pasca.unhas.ac.id/ojs/index.php/halrev/article/view/259 |