Mitigating the Risk of Documentary Discrepancy in Process of Estonian Export Letters of Credit Transaction

• Autorzy: Hamed Alavi , Tanel Kerikmäe
• Języki publikacji: EN

Abstrakty

EN

The main subject of this paper is to study relations between metrics which affects payment risk under documentary letters of credit (DLC) from the exporters perspective in Estonia. This will result in reducing the risk of documentary discrepancy in presentation of documents to banks, decrease relevant costs to rectification of discrepancies which are nothing but a loss to exporter and improving the flow of international trade. For this purpose, the author takes an empirical approach in his strive to find answer to following questions: What are different types of discrepancy in Estonian export landscape? How relevant are deferent attributes of the DLC to attributes types of discrepancy? What measures should be in place to prevent risk of documentary discrepancy in DLC operation? (In Estonian export trade). (original abstract)

Słowa kluczowe

EN

Process management; Export; Documentary credit

PL

Zarządzanie procesami; Eksport; Akredytywa dokumentowa

• Czasopismo: Multidisciplinary Aspects of Production Engineering
• Rocznik: 2018
• Tom: 1
• Strony: 425--432

Twórcy

autor

Hamed Alavi

• Estonian Business School, Estonia

autor

Tanel Kerikmäe

• Tallinn University of Technology, Estonia

Bibliografia

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Identyfikatory

DOI

10.2478/mape-2018-0054