A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations

In transactions which are based on the letter of credit, the different parties involved and take on various obligations. In between, the role of issuing credit, is more Highlighted of other parties to the transaction, So that the latter can be cited as an important element of documentary credit. Thi...

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Main Authors: Abdolhamid Mortazavi, Mohammad Emami Namini, Mohsen Aghapour
Format: Article
Language:English
Published: University of Mazandaran 2015-03-01
Series:پژوهشنامه حقوق تطبیقی
Subjects:
Online Access:https://lps.journals.umz.ac.ir/article_2103_47b634e255dc97f43fffed76c1b0c004.pdf
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author Abdolhamid Mortazavi
Mohammad Emami Namini
Mohsen Aghapour
author_facet Abdolhamid Mortazavi
Mohammad Emami Namini
Mohsen Aghapour
author_sort Abdolhamid Mortazavi
collection DOAJ
description In transactions which are based on the letter of credit, the different parties involved and take on various obligations. In between, the role of issuing credit, is more Highlighted of other parties to the transaction, So that the latter can be cited as an important element of documentary credit. This article, review the most important obligations of the” issuing bank's internal Guidelines"as well as Obligations recognized According to the provisions of UCP 600.
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spelling doaj.art-9070a53421374ee38ffdaec82eff655f2023-01-26T11:05:13ZengUniversity of Mazandaranپژوهشنامه حقوق تطبیقی2423-75662015-03-011111915410.22080/lps.1970.21032103A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulationsAbdolhamid Mortazavi0Mohammad Emami Namini1Mohsen Aghapour2Assistant Professor, Department of Private Law, Allameh Mohaddes Nouri University, Noor, Iran.Assistant Professor, Department of Private Law, Allameh Mohaddes Nouri University, Noor, Iran.Master of Private Law, Allameh Mohaddes Nouri University, Noor, Iran.In transactions which are based on the letter of credit, the different parties involved and take on various obligations. In between, the role of issuing credit, is more Highlighted of other parties to the transaction, So that the latter can be cited as an important element of documentary credit. This article, review the most important obligations of the” issuing bank's internal Guidelines"as well as Obligations recognized According to the provisions of UCP 600.https://lps.journals.umz.ac.ir/article_2103_47b634e255dc97f43fffed76c1b0c004.pdfissuing bankguidelinesletters of creditprovisions of ucp600
spellingShingle Abdolhamid Mortazavi
Mohammad Emami Namini
Mohsen Aghapour
A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
پژوهشنامه حقوق تطبیقی
issuing bank
guidelines
letters of credit
provisions of ucp600
title A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
title_full A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
title_fullStr A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
title_full_unstemmed A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
title_short A Comparative study on letter of credit obligations in the issuing bank's internal guidelines and the UCP600 regulations
title_sort comparative study on letter of credit obligations in the issuing bank s internal guidelines and the ucp600 regulations
topic issuing bank
guidelines
letters of credit
provisions of ucp600
url https://lps.journals.umz.ac.ir/article_2103_47b634e255dc97f43fffed76c1b0c004.pdf
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