Fraud in letter of credit - Malaysian banks' perspective
Letter of credit (LC) is a payment mechanism in international trade which is claimed to provide utmost security to the contracting parties compared to other methods of payment. The security provided by this device however does not extend to fraud risk. The nature of LC transactions and rampant devel...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Conference or Workshop Item |
| Published: |
2011
|
| Subjects: | |
| Online Access: | http://eprints.um.edu.my/13559/ http://eprints.um.edu.my/13559/1/fraud_in_letter_of_credit.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|