In international trade, as a consequence of the nature of business transactions, there are some additional risks facing the buyer and seller, due to not knowing each other well. Different foreign exchange regime applications in both parties’ countries and probable political instability instances are the risk enhancing factors. Usage of banking transactions and technology in the international trade has lead the increasing of import and export figures and enhancing the risks in the worldwide. Therefore, the letter of credit is one of the bank warranties aiming to decrease the risks.
Banks …
Tuncay & Unutulmaz Law Office is a boutique law firm in Alanya, Antalya, Turkey serving commercial businesses, financial institutions, as well as private individuals in every area of law.
Tuncay & Unutulmaz Law Office | Law Office in Turkey | is preferred by clients having sophisticated corporate and financial transactions and complex dispute resolution proceedings that require attentive and scrupulous approach.
Founded by Lawyer Özer TUNCAY and Lawyer İsmail Murat UNUTULMAZ in 2001 and based in Alanya, Antalya - Turkey. Tuncay & Unutulmaz Law Office also provides a full range of legal services in Antalya …
Commerce has been developing and bearing more importance in our age by means of the effect of globalization. Being indispensable for the economy and development of the countries , the problem concerning international trade is of great importance.
Recognition and execution of foreign court’s decrees is one of the most interested matters in commerce for the investors in our country. First of all, what is meant by execution must be explained. Recognition is one of the qualities of judicial decrees as a result of having absolute power, enable the substantial executions …