We hereby issue this Document Credit in your favor. It is subject to the Uniform Customs and Practice for Documentary Credit (1993 Revision, International Chamber of Commerce, Paris, France, publication No.500) and engages us in accordance with the terms of Article 9 thereof. The number and the date of the credit and the name of our bank must be quoted on all drafts required. If the credit is available by negotiation, the amount and date of each negotiation must be noted on the reverse of this credit by the bank where the credit is available.
举一反三
- ( )means the bank with which the credit is available or any bank in the case of a credit available with any bank.
- Nominated<br/>bank means ______ with which the credit is available or ______ in the case of credit available with any bank.
- The ( ) refers to the bank that is responsible for payment of the proceeds under a letter of credit if the terms and condition of the credit are complied with. A: advising bank B: negotiating bank C: issuing bank D: commerce bank
- Compared with commercial credit, what are the characteristics of bank credit? A: Bank credit is an indirect credit. B: The object of bank credit is monetary capital. C: The object of bank credit is commodity capital. D: Bank credit and changes of industrial capital maintain a certain degree of independence.
- The international uniform customs practice in written for documentary credit is ( ). A: URC522 B: UCP600 C: Incoterm2000 D: ISP98