Risks Of Using L/C In Our Country International Trade And The Prevention Thereof

With the fact that our country joined WTO and the whole world development of the economy, foreign trade of our country are confronted with extremely large opportunity and challenge. The letter of credit is the most important international trade middle method of payment, this method of payment can not serve better for development of our country foreign trade since whose some defect and our country foreign trade enterprise of self and insufficiency of bank aspect professional staff work all right. The development of the economy having affected our country fairly gravely happened in ceaselessness that at the same time, the letter of credit defrauds, has disturbed regular financial order, letter of credit of our country cheats very grave. Begins from our country bank in August, 1987, since the clause adding on letter of credit coming untied out in possessions "according to International Chamber of Commerce 400th number documentary credit uniform customs comes untied immediately " to accept UCP, henceforth the letter of credit fraud case starting to count enormous number shock China and foreign countries happened during the several years right away already. Recently relevance news report speaks the letter of credit cheats the number more and more big that law case relates to in recent years, cheating exceeding 100 million of RMB case is not also in minority, case, the bank loss amount of money reach 90 million U. S. dollar if Mou adjudging in 2005 is among them. And be aimed at this phenomenon, think that in person having a reason to be necessary also discussing the analytical once letter of credit in here this method of payment, by studying the international fixes new standard regulation about letter of credit approving and debuting unceasingly commonly at present, analysis with a little actual case, this payment implement, the trade making this implement can be our country better thereby develop but serve disregarding the messenger being that enterprise still is that the bank all can grasp a letter of credit much better. The Thesis used a data study method such as case analysis, theoretical analysis has carried out letter of credit and the research developing mainly. The complexity specifically for the letter of credit and a few dissociating in independent basis contract abstract but coming into being handle risk, pass the reference International Chamber of Commerce attitude to case; And collect comparatively advanced experience of home and abroad; Have at the same time also, arranged one's own experience of professionals that self settles as bank international but have summed up out the measure that some keep watch concretely. And to come into being because the letter of credit item goes down trade financing risk, from the risk handling aspect in the trade financing product inside of risk and bank that self produces has carried out analysis, the modulus consults by the already some different trade financing product risk making use of home and abroad, the letter of credit item at the same time, having controlled system from bank inside risk starting, having summed up out a little concrete keeping watch issues trade financing risk method measure. And to come into being because the letter of credit item goes down trade financing risk, from the risk handling aspect in the trade financing product inside of risk and bank that self produces has carried out analysis, the modulus consults by the already some different trade financing product risk making use of home and abroad, the letter of credit item at the same time, having controlled system from bank inside risk starting, having summed up out a little concrete keeping watch issues trade financing risk method measure.Main the main body of a book conclusion is: By the fact that background and the letter of credit use the condition analysis to our country foreign trade, self characteristic composes in reply trade financing but comes into being specifically for letter of credit risk problem, suggest that reason new examining the Shan member standard is single train of thought, self risk and the risk handling a stage one by one have all brought forward concrete feasible Countermeasures to trade financing risk from trade financing product. Face to face soft clause letter of credit the analysis having been in progress giving an example, reminds outlet that enterprise pays attention to avoiding common soft clause. The comparison passing to common trade terms risk has been analyzed, has reached import and export enterprise responding to the principle making use of trade terms rationally, has brought forward the method keeping watch different trade terms risk at the same time also.The main body of a book practical or immediate significance is lain in: The main body of a book is tied in wedlock to letter of credit theory exploration, the case analysis and the letter of credit risk comparing the analytical developed country with area have kept watch experience method, have brought forward a few concrete feasible Countermeasures, have hoped that legislation, judiciary and reality being able to our country letter of credit are engaged in a branch if bank and the enterprise being engaged in international trade etc. has certain guiding significance.