Home  Journals  Finance and Credit  24(360) – 2009 June

Documentary letter of credit fraud

Available online: 16 September 2009

Subject Heading: Banking control

JEL Classification: 

The article provides the analysis of increase of the amount of the documentary letter of credit fraud, and generalizes the basic features of such fraudulent transactions. Its major goal is to provide help to potential parties in transactions using international financial instruments. An appendix to the article provides and example of a fraudulent documentary letter of credit.

Keywords: documentary letter of credit, fraud, bank, coordinator, form, transaction

View all articles of issue

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

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive