If the Advising Bank does not have a corresponding bank in the buyer's country, ask the bank to recommend you a well-known bank with high credit rating and insist your buyer has the L/C issued by this bank.
举一反三
- To trade on an acceptance credit basis, the bill is accepted by ______. A: the buyer B: the seller C: the buyer or tile bank D: the nominated bank
- _____ 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
- A letter of credit is issued by a bank at the request of an exporter and then sent to the importer's bank.
- The ( ) refers to the bank that is responsible for payment of the proceeds under a letter of credit if the terms and condition of the credit are complied with. A: advising bank B: negotiating bank C: issuing bank D: commerce bank
- （ ）means the bank with which the credit is available or any bank in the case of a credit available with any bank.