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Documentary payment relations
Švejda, Jan ; Sato, Alexej (advisor) ; Křenková, Eva (referee)
Payment relations are an important part of international commerce and their constant evolution is vital. Digitalization in this regard has the potential to fundamentally change the payment relations by increasing its efficiency. This in result would mean a reduction of costs related to payment operations. This thesis considers if electronic payment methods, above all Bank Payment Obligation, will substitute traditional documentary instruments like letter of credit or bank guarantee. The thesis found certain barriers to the full utilization of digitalization of payment operations and the main conclusion is, that in the European Union and the Czech Republic traditional instruments will not be replaced in the near future.

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5 Švejda, Jakub
7 Švejda, Jiří
2 Švejda, Josef
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