中国大学MOOC: Application for any amendment to a letter of credit should be given to the issuing bank by the beneficiary.
举一反三
- If a seller finds any discrepancies in the letter of credit against the sales contract, whom should he write to asking for an amendment（） A: the issuing bank B: the advising bank C: the applicant D: the negotiating bank
- With an unconfirmed irrevocable letter of credit, ___________. A: the terms and conditions can be amended or cancelled unilaterally by any party B: only the exporter can amend the credit C: the advising bank transmits details without commitment to the beneficiary D: the issuing bank has the ability to cancel the credit at any time
- Applicant completes a Letter of Credit Application which is set of instructions telling the issuing bank what needs to be included in the letter of credit.
- 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
- Bank of China informs the beneficiary， a Chinese import and export company that a foreign bank has opened a letter of credit in his favor. The bank does not add its engagement by informing the beneficiary. The Bank of China ia acting as （）.