Study On The Law Problem To Safety Nature Of Electronic Letter Of Credit

Letter of credit plays a vital role in international trade. With the rapid developmentof science and technology, the tendency of electronic is more and more obvious. As anew means of payment, the electronic letter of credit is more important in internationaltrade. People not only want to improving transaction efficiency, but also need a safetrading environment. This paper has an important significance in knowing electronicletter of credit and how to ensure the security of payment.The electronic letter of credit arise the following safety problem: payment systemsecurity, confidentiality and integrity, party identity authenticity, the security because ofmain body diversity and so on. These potential safety hazards prevention not only relyon the law, and shall be placed in the environment of electronic commerce incombination with technical means to solve. Our country’s development in this field isnot very mature, need to draw on the success of the legislative model and the advancedscience and technology, to promote the rapid and healthy development in internationaltrade.