If the instructions are D/P, the importer's bank will release the documents to the importer only against payment.
举一反三
- Under D/A, documents are ______. A: released to the importer against payment of the bill B: released to the importer against acceptance of the bill C: released to the importer against payment or acceptance of the bill D: released to the importer against acceptance of the sight bill
- It is _______ bank who will release the documents against payment or acceptance to the importer.
- When a bank deals with the documents presented under a credit for payment or negotiation, it disregards the contract between the importer and exporter.
- Once the importer refuses to pay by collection, the ( ) will be responsible for the cargo release, customs clearance, warehousing, and reselling in the importing country. A: drawee B: exporter's bank C: importer's bank D: principal
- The collecting bank may release the documents against the buyer’s acceptance of a sight draft on documents against acceptance basis. （）