期刊名称：International Journal of Early Childhood Special Education
电子版ISSN：1308-5581
出版年度：2022
卷号：14
期号：3
页码：7621-7625
DOI：10.9756/INT-JECSE/V14I3.906
语种：English
出版社：International Journal of Early Childhood Special Education
摘要：Since its inception in the early 1900s, the letter of credit has served as a cornerstone of international commerce. They continue to play an important part in the world's commerce today. For any firm looking to expand into the foreign market, a Letter of Credit is a critical payment instrument that may assist to mitigate certain risks and costs. Exporting and importing goods would include a number of activities in terms of paperwork exchange, physical cargo transportation, and payment settlement, all of which would need to be explicitly specified and set up in order to assure a seamless commercial transaction between the parties. In this study the authors tried analyse the perception of garment exporters over Letter of credit in Tiruppur city. The data has been collected from 100 respondents by using convenient sampling technique with the help of structured questionnaire. Letter of credit makes the exporters a smooth flow of transactions for every dealings. It gives the stable mechanism; especially from the Importer and the Exporter’s angle. The Letter of Credit gives more security and confidence among the traders in Tiruppur city.
