A Study On The Payment Style Of Documentary Credit Under The Condition Of Sea Waybill

With the high-speed trend of the international marine transportationindustry and the rise of EDI, Sea Way-Bill becomes increasinglyimportant among various marine bills. This paper starts withsystematically summarizing the concepts, background, effects andapplied laws and regulations of Sea Way-Bill attributed by previousresearchers, and then, from a new angle, studies the specific paymentprocedures, its effects on the benefits and risks of related beneficiaryparties and the overall efficiency and safety of the payment style ofthe Documentary Letter under the condition of Sea Waybill.