Discounting trade finance documents from juris prudential and legal views

Economic transactions sometimes necessitate discounting trade finance documents. Therefore, the accuracy of discounting from jurisprudential point of view has been raised ever since. This paper attempts to deal with discounting trade finance document jurisprudence so that the inappropriate nature of it is realized. Likewise, discounting collecting draft and documentary letter of credit are investigated and are recommended as a special service offered to good customers though debt purchase.