국제무역거래에서의 신용장관련 위험의 유형과 은행의 의무에 관한 연구

A Study on the Type of Risk related to the Letter of Credit and the Duty of Bank in International Trade Transaction

&nbsp;&nbsp;Risk management is the logical process used by firms to deal with their exposures to loss. International trade transaction is called transaction between countries has features of globalism, cultural gap, long distance and long terms for the transaction. It is riskier than domestic transaction has its specific risks, such as foreign exchange risk and political risk, and requires various active risk management skills. Risks related to the international trade transaction are the contract risk, transit risk and payment risk, etc. The risk management related to the international trade transaction is to identify and measure these risks.<BR>&nbsp;&nbsp;The purpose of this study is to analyse the payment risk, and to explore the practical problems and its solution plan by analyzing various cases related to the risk management of the letter of credit settlement in the international trade transaction.