The Jordanian Bank's Compliance Practice on Custom and Letter of Credit
The Uniform Custom and Practice (UCP 600), has defined letter of credit as: “Any arrangement, however, named or described, that is irrevocable and thereby constitutes a definite undertaking of the Issuing Bank to honour a complying presentation". UCP 600 is subject to four main principles: Stri...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Law, Universitas Sebelas Maret
2022-04-01
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Series: | Yustisia |
Subjects: | |
Online Access: | https://jurnal.uns.ac.id/yustisia/article/view/61054 |