• 2022-06-07
    In the case of documents payable at sight the presenting bank must make presentation for payment without delay。
  • 内容

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      In your simulation case,Beneficiary's certificate is one of the documents for presentation .

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      ( ) is the bank that makes payment to the beneficiary against presentation of stipulated documents. A: Confirming bank B: Negotiating bank C: Paying bank D: Reimbursing bank

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      ___________ is a document issued by a bank indicating that it will make payments to a beneficiary upon presentation of particular documents. A: Draft B: Bill of Exchange C: Letter of Credit D: Sight Draft

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      A letter of credit is __________. A: a formal guarantee of payment B: a conditional undertaking to make payment C: an unconditional undertaking to make payment D: a two bank guarantee of payment

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      In your simulation case, the issuing bank will check the documents and pay the beneficiary in advance.