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| Author: | Maduegbuna, S. |
| Title: | The effects of electronic banking techniques on the use of paper-based payment mechanisms in international trade |
| Journal: | Journal of Business Law
1994 : JUL, p. 338-362 |
| Index terms: | INTERNATIONAL TRADE BANKING LAW |
| Language: | eng |
| Abstract: | Paper-based payment mechanisms serve a variety of objectives in international trade. They could easily constitute the sole mode of payment or alternatively form one element in a complex payment and financing scheme. Recently, electronic banking techniques with their attributes of speed, reduced cost and efficiency have come to challenge the way and manner in which these paper-based payment mechanisms are used in international trade. This article broadly examines the effects of electronic banking techniques on the use of these documentary mechanisms in international trade. |
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