In your simulation case, the issuing bank will check the documents and pay the beneficiary in advance.
举一反三
- In your simulation case,Beneficiary's certificate is one of the documents for presentation .
- 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.( )
- 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.
- “We hereby agree with the beneficiary that all draft drawn under and/or documents presented hereunder will be duly honored by us provided the terms and conditions of the Credit are complied with...”. In the clause, “we”are ( ). A: issuing bank B: advising bank C: applicant D: beneficiary
- 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