The role of the bank when submitting infringing documents in documentary credit


Abstract in English

The documentary credit is one of the most effective means of settling of international trade payments. This is when the beneficiary submits documents in accordance with the terms of the letter of credit.

References used

Abu Alkhair, Najwa,1971,the bank and conflicting interests in L/C. daralnahda
Ismail, Mohamed Hussen,1992,Buer’s obligation to open documentary credit. Institute of public Administration, Riyadh, without edition
Alqasaby, Essam Eldin,1993Legal system of international banking operations, practical study of documentarycredit.daralnahda

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