Remburser - Korrespondentbankens kontraktsrelation med köparen och säljaren
Letters of credit is an instrument of payment that is frequently used in international trade. Normally the buyer engage a bank which irrevocably promise to pay the seller when the seller (beneficiary) present a specific set of documents. The document’s purpose is to prove that the seller has fulfilled the obligation in the underlying contract of sale. The bank’s task is to investigate the document