Legal Relationship between the Supervisor of a Letter of Credit and the Beneficiary of a Letter of Credit

Abstract
 In international trade, the seller who will send goods to other countries and buyer price of be bought want sure that party contract fulfill its debts properly. The letter credit is an institution aims provide this. A a made by person has purchased goods, upon submission certain documents determined seller, making with bank ensure payment debt. supervisor opens credit. beneficiary goods. legal relationship between credit, also called basic relationship, which generally in nature sales contract, constitutes basis Due this parties clause various arise. study, examined.