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Finance and Credit

36(564) - 2013 September

Classification of documentary letter of credit

Vol. 19, Iss. 36, SEPTEMBER 2013

Available online: 26 September 2013

Subject Heading: Banking

JEL Classification:

Mnatsakanyan A.G. Doctor of Economics, Professor, Director of the Institute of Management, Economy and Business, the Kaliningrad State Technical University
rektor64@mail.ru

Kolmakova O.D. Graduate Student, the Department of Finance and Credit, the Kaliningrad State Technical University
olg-kolmakova@yandex.ru

In the article more profound classification of the documentary letter of credit as tool not only settlement and guarantee, but also trade financing is offered. Signs of classification of the documentary letter of credit and its functionality, given in scientific works of various authors are systematized and added.

Keywords: classification, letter of credit, trade financing

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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Vol. 30, Iss. 3

March 2024