info:eu-repo/semantics/article Keywords: the letter of credit, legal relations in the letter of credit, banking, financial sector, Republic of Serbia Ključne reči: akreditiv, pravni odnosi u akreditivu, bankarski poslovi, finansijski sektor, Republika Srbija application/pdf 712584 bytes Legal relations between legal entities in regard to the letter of credit with a reference to the role and significance of banks in the structure of the financial sector in Serbia Pravni odnosi između subjekata u akreditivu sa osvrtom na ulogu i značaj banaka u strukturi finansijskog sektora u Srbiji ABSTRACT: Banks are the most visible financial intermediaries in the field of economy. Their importance derives from the place and role in both economic and financial systems of each national economy. In the financial sector of Serbia, banks are the most important financial institutions, accounting for about 90% of total financial sector assets. The topic of the research refers to the letter of credit as a service banking business and it is extremely current topic, scientifically and socially justified, being important for domestic and foreign trade payments. The letter of credit is a complex banking business. Its complexity is reflected, among other things, in the number and types of legal relationships formed between the participants. Having in mind all previously mentioned facts, the paper analyzes the issues of the concept and classification of banking business as well as the legal aspect and legal relations formed in the letter of credit. The research part of the paper deals with the role and importance of banks in the financial sector of Serbia REZIME: Banke su najvidljiviji finansijski posrednici u ekonomiji. Njihov značaj proizilazi na osnovu mesta i uloge u privrednom i finansijskom sistemu svake nacionalne ekonomije. U finansijskom sektoru u Srbiji banke su najznačajnije finansijske institucije i čine oko 90% ukupne imovine finansijskog sektora. Tema akreditiva kao uslužnog bankarskog posla je izuzetno aktuelna, naučno i društveno opravdana i značajna za unutrašnji i spoljnotrgovinski platni promet. Akreditivno poslovanje je složen bankarski posao, čija se složenost ogleda između ostalog i u broju i vrsti pravnih odnosa koji se formiraju među učesnicima. Imajući u vidu rečeno, u radu su analizirana pitanja pojma i klasifikacije bankarskih poslova, zatim pravnog posla akreditiva, te pravnih odnosa u akreditivu. Istraživački deo rada se bavi ulogom i značajem banaka u strukturi finansijskog sektora u Srbiji. http://creativecommons.org/licenses/by/4.0/legalcode 2022 https://unilib.phaidrabg.rs/o:1854 doi:10.5937/ptp2202065M ISSN: 0351-3713 eng Pravo - teorija i praksa vol. 39 br. 2 str. 65-79 Mirković, Predrag Prokopijević, Igor Petrović, Ivica