2．Generally speaking, ______ is an undertaking at the request of the applicant, written by the issuing bank to the beneficiary, informing it that the bank will pay a sum certain in money, if it provides complying documents within a prescribed time of period.
举一反三
- As long as the documents presented by the beneficiary are in complete compliance with the terms and conditions of the credit, the issuing bank or the bank nominated by the credit shall fulfill the undertaking to pay, accept or negotiate.( )
- In your simulation case, the issuing bank will check the documents and pay the beneficiary in advance.
- 在信用证业务流程中，基本当事人应当是（ ）。 A: issuing bank and applicant B: issuing bank and beneficiary C: eneficiary and paying bank D: applicant and paying bank
- The importer’s bank is called the ___ A: applicant B: beneficiary C: issuing bank D: advising bank E: None of the above
- Confirmation of a credit may be given by____________. A: the beneficiary at the request of the importer B: the advising bank at the request of the issuing bank C: the advising bank after the receipt of correct documentation D: the issuing bank after the receipt of correct documentation