International Trading with Letter of Credits & Electronic Records in Letters of Credit

Ansariyan, Mojtaba

doi:10.30473/clk.2019.6025

International Trading with Letter of Credits & Electronic Records in Letters of Credit

Document Type : Scientific Research

Author

mojtaba ansariyan

عضو هیئت علمی

10.30473/clk.2019.6025

Abstract

Nowdays can say confidently a large part of the international transaction takes place between individuals and companies which there is no trust between them due to strong business relationshipsas a result, the sellerknow irrationalthat without any warranty from the buyer producing or supplying the vendee's goods.
L.C is a good solution to eliminate distrust between buyer and seller on the other hand, due to the increasing use of cyberspace and information technology in all areas, including electronic records in letters of credit has expanded significantly its position among various documentary techniques so that according to its advantages compared to traditional or paper documentary it has moved beyond the traditional way.
This research is a descriptive method and analyzes the words and processes in the field of electronic commercby reviewing and adapting the methods of traditional and electronic records in letters of credit how to trade internationally relies on E.R.L.C.

Keywords

20.1001.1.23221712.1398.8.1.1.2

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