화환신용장거래에서 인수은행의 법적지위, 책임 및 면책에관한 연구

Acceptance credit is a payment method where a usance draft is subject to be drawn by the beneficiary. Therefore, the beneficiary under acceptance credit presents the accepting bank with the shipping documents required in the credit with a usance draft drawn on the accepting bank nominated by the issuing bank and which gets paid at maturity. What it means to accept is to accept the obligation to pay at the maturity of a draft. That is, if a third bank accepts a draft drawn under an acceptance credit, that bank assumes liability of payment at maturity meaning that bank switches to that of paying bank at maturity. Despite the fact that the method of ‘acceptance’ is one of ‘honour (sight payment, deferred payment, and acceptance)’ under UCP 600, accepting banks haven’t caught enough attention from scholars for some reasons even though acceptance credit cannot be utilized without an accepting bank. Thus, in order to fill the scholarly gap, the present study delves deeply into the disclaimers of accepting banks so that practitioners may consider using acceptance credit more often than in the past. More detailed disclaimers and obligations will be followed in the manuscript. KCI Citation Count: 4