خصوصية الضمان في مجال الاعتماد المستندي

Abstract EN

: Despite the importance of the documentary credit support for the ordering customer in the foreign trade, on one side, and the facilities for the beneficiary seller on the other side, the opening credit bank has always been careful about the full commitment, and the confidence in the customer; for that, it required additional guarantees in a documentary credit coverage form.

Beside its right to possessory pledge on goods through the maintain of the represented documents till the customer buyer paid for.

Thereon, the bank can offer this customer guarantees, by paying the seller instead him to facilitate the trade process, and complete the transaction at the earliest opportunity.

And therein lies the privacy of the documentary credit as a guarantee, where the opening credit bank deals through this device with lots of precautions, and thus may detract from its value as a guarantee instrument.