The Problem Of Legal Relieve And Guard Against On L/C Swindle

Letter of credit (L/C) is very common terms of payment in international trade. L/C makes the more and more important function in our country' s trade, as Bank' s credit gets involved that its trust worthy gain reinforcement. Some illegal businessman seizes the opportunity to make the L/C swindle case time and again, because Bank can' t examined the verified the goods instead of examining and verifying the document in L/C settlement.This dissertation principal introduces the reason of producing the swindle case and serious jeopardy . It explains how to take the effective legal relieve and the difficulties may be to be meet. We should pay attention to the problem in the concrete practice under the circumstances of L/C swindle case and how to guard against swindle case in L/C.