The principal of collection is usually the importer.
举一反三
- The principal is usually the importer
- Once the importer refuses to pay by collection, the ( ) will be responsible for the cargo release, customs clearance, warehousing, and reselling in the importing country. A: drawee B: exporter's bank C: importer's bank D: principal
- _____ is usually a bank in the country of the importer.
- The principal in D/C is normally the importer in the transaction.
- The__________ bankis the bank in the importer’s country issuing the letter of credit at the request of the importer.