• 2022-06-07
    In your simulation case, the issuing bank will check the documents and pay the beneficiary in advance.
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      The importer’s bank is called the ___ A: applicant B: beneficiary C: issuing bank D: advising bank E: None of the above

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      信用证的基本当事人包括以下 A: applicant B: beneficiary C: advising bank D: Issuing bank

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      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

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      The credit of letter will be confirmed by the Bank of China, Shanghai, that will _______your draft on the documents at sight for the amount of your invoice. A: accept B: pay for C: receive D: obtain

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      In L/C Application form, the "Expiry Place" refers to ( ). A: the place where the Issuing Bank is located B: the place where the Application Form is submitted C: the place where the Beneficiary submit documents D: the place where the Applicant effect payment