| The economy of world develops till 80's in last century, and with the quickly development of the computer technique and the electronic communications, having no paper trade and no paper certificate become a kind of new trend in the international trade realm. In this process, the electronic letter of credit (ELC) appeared and it has been wildly used soon. The China Merchants Bank, which is famous for it's electronic-bank business, opened the first electronic letter of credit in Qingdao city in September 2000. According to the stat, till the late June 2002, the China Merchants Bank has already opened about 2000 letters of credit on line, and the total money amounts to about RMB 25 billon. The application of electron technology greatly facility the trade and makes the cost of it reduced so much. But because of this kind of new payment tool, a lot of new law problems emerged at the same time.This text tries to resolve the various basic law problem of ELC, through the research of fulfillment of the ELC, combining the investigation to the lawmaking of local and outside electronic commerce. The dint diagram is from the law level and I hope it can make the ELC be better to produce result in the international trade, thus promote the development of the trade.The full text is divided into three parts totally, the first part was detailed to introduce electronic letter of credit concept, the development history and the fulfillment condition of the electronic letter of credit in all countries. It says that the real letter of credit must conclude electronic-opening, electronic-notifying, electronic-delivering, electronic-checking up and all the tache must be electronic. Currently, the most affective and electronic letter of credit service system is the Tradecard, Bolero and service system of ccwebs, and the west three greatest electronic commerce company. The three big system's function basic theory is the same. It is that it supplies the date change to the clients through the foundation of"communication core"and acts as the certification authority (CA) in addition. In china the typical fulfillment model of ELC is the trades guarantee net (www.1001yes.net) and some commercial banks. Its basic operation principle is the same as the west three greatest systems. The ELC is the revolution of documents dealing, and it greatly efficiency the bank's business and builds up the ability of risk defense .To some point, it is a big progress of the international trade realm. But, if the lately pay way undertake to raise the good method of saving the traditional... |
