• 2021-04-14
    In L/C transactions, the seller applies to the issuing bank to open a letter of credit.
  • 内容

    • 0

      The__________ bankis the bank in the importer’s country issuing the letter of credit at the request of the importer.

    • 1

      If payment of export trade is made by letter of credit, ________ , on receiving the relevant L/C, should first of all make a thorough examination to see whether the clauses set in the L/C are in full conformity with the terms stated in the sales contract. A: A) the buyer B: B) the issuing bank C: C) the advising bank D: D) the seller

    • 2

      中国大学MOOC: Application for any amendment to a letter of credit should be given to the issuing bank by the beneficiary.

    • 3

      Upon finding discrepancies, the issuing bank must send a waiver of discrepancy to the applicant of the letter of credit under UCP600.( )

    • 4

      Letter of credit belongs to banker’s credit.