التزام المصرف بدفع قيمة الاعتماد المستندي بمواجهة الآمر عند غش المستفيد

Abstract EN

Letter of Credit considers one of the tools of contemporary trade which been produced by distance trade that is the most common and safe method in settlement of commercial transactions as well as paying the prices - The price of the goods - in the import and export business.

Both partners (Seller and buyer) of the contract might be from a distant country, so that the buyer cannot receive and check the goods at the same time that the seller has earned the money.

This is often the contract associated with the maritime business which is done in transportation of goods by ship.

Although important those sales are accompanied by problems impede its implementation process, So the banks intervened as a primary factor in international trade operations to regulate this process by letter of credit which depends on the given letter.

In its dealings with the partners of the contract where they are traded between overlapping banks in the implementation of the letter of credit.

The beneficiary can be assured through these letters of receipt of the price of the goods if they meet the accreditation requirements which allow some people to commit fraud to harm the rights of others.

It is despite everything all the advantages and benefits of L / C contract but it is at risk of fraud.

This is the result of evolution in using of machinery which made it easy on the parties to fake forged documents and use them in process of Letter of credit.