La carta de crédito y el crédito documentario frente a la normatividad local e internacional

The documentary credit or letter of credit is a conditional payment commitment assumed by the importer's bank in favor of the exporter, according to instructions received from his client (Cadena and Cubillos, 2006: p, 162). It is considered as the most secure means of payment (Ruiz, 2003: p, 1)...