( ) makes payment to the beneficiary against presentation of stipulated documents. It is usually the opening bank but can also be a third designated
举一反三
- ( ) is the bank that makes payment to the beneficiary against presentation of stipulated documents.
- ( ) 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
- Collection is a written under taking by a bank in the form of a letter sent to the seller at the request of the buyer to effect payment against the stipulated documents.
- _____ is usually a bank in the country of the importer. A: The opening bank B: The advising bank C: The negotiating bank D: The beneficiary
- It is _______ bank who will release the documents against payment or acceptance to the importer.