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ABOUT THE FINANCIAL AND SUBJECTIVE LEGAL EFFECT OF OPEN ACCOUNT PAYMENT AND TRANSFER IN BANK FOREIGN TRADE TRANSACTIONS

New Knowledge Journal of Science

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Title ABOUT THE FINANCIAL AND SUBJECTIVE LEGAL EFFECT OF OPEN ACCOUNT PAYMENT AND TRANSFER IN BANK FOREIGN TRADE TRANSACTIONS
 
Creator Papazov, Ignat; D.A. Tsenov Academy of Economics - Svishtov
 
Subject bank transfer, cross-border partners, open account, share deal, commutation transaction, credit, commercial risk
 
Description The bilateral nature of foreign trade projections implies both mutual trust between the parties and the choice of adequate and feasible interests in their payment and payment form. Its normative complementarity with established domestic and international rules for such calculations reflects on the subjective commercial interest of counterparties and the economic balancing of relations between them while preserving the partnership in perspective. Significant in this sense are bank transfer and payment through an open account. They, at a given moment, are the necessary indications of the intensity of bilateral relations, their formal provision and correct finalization.
 
Publisher University of agribusiness and rural development - Plovdiv
 
Contributor
 
Date 2018-12-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://science.uard.bg/index.php/newknowledge/article/view/404
 
Source New knowledge Journal of science; Vol 7, No 3 (2018): New knowledge Journal of science; 25-32
2367-4598
1314-5703
 
Language eng
 
Relation http://science.uard.bg/index.php/newknowledge/article/view/404/pdf_117
 
Rights Copyright (c) 2018 New knowledge Journal of science