신용장거래하에서 매입(Negotiation)관행에 관한 고찰

• 영문명: An Assessment of Negotiation Practice under L/C Transactions: A Focus on Deferred, Acceptance and Negotiation L/Cs
• 발행기관: 한국무역연구원
• 저자명: 김동춘(Dong-Chun Kim)
• 간행물 정보: 『무역연구』제15권 제5호, 509~536쪽, 전체 28쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2019.10.30

영문 초록

Purpose - The purpose of this paper is to improve operations of the credit negotiation business by assessing the transactional practice of purchasing Bills of Exchange and/or documents before maturity under Letter of Credit transactions. Design/Methodology - The author first considers the types of usance L/C (e.g., negotiation L/C, deferred L/C, acceptance L/C) and examines the meaning of ‘negotiation’ defined in Article 2 and Article 12(b) of the UCP. Finally, this study takes a deep look into legal cases in which the act of negotiating has been an issue. Findings - First, in order to meet the requirement of ‘negotiation’ under UCP, four conditions must be satisfied. Second, banks are even allowed to purchase deferred payment undertaking (DPU) freely, as the UCP allows them to do so. Third, the beneficiary under acceptance L/C can freely recover payment in two ways - by discounting the Bill of Exchange accepted by that bank, and by selling the Bill of Exchange and/or documents. Lastly, there is a need to distinguish between the words ‘discounting’ and ‘negotiation’ used interchangeably in the field because these two mean different methods of recovering the payment. Originality/value - Despite the fact that the usage of Usance L/Cs has considerably increased in the export business of Korea, prior studies have focused only on issuing or confirming banks, or analyzing the articles of the UCP. Moreover, there has been no research on usance L/Cs nor on the practice of negotiating such L/Cs in the field.

목차

Ⅰ. 서 론

Ⅱ. 기한부신용장에 관한 고찰

Ⅲ. 신용장거래의 매입제도

Ⅳ. 기한부신용장의 매입관행

Ⅴ. 결 론

키워드

Letter of Credit UCP Usance L/C Negotiation