A、The importer and exporter sign a sales contract and make an agreement on L/C payment.
B、The importer makes application for L/C with his bank. The bank approves the application and issues L/C.
C、The issuing bank advises the documentary credit to the advising bank.
D、The advising bank delivers the L/C to the exporter.
A、the issuing bank
B、the establishing bank
C、opening bank
D、the advising bank
A credit may be advised to a beneficiary through another bank (the advising bank) without engagement on the part of the advising bank, but that bank, if it elects to advise the credit, shall ______.
A.inform. the issuing bank of the credit which it advises without delay
B.endorse the amount negotiated on the reverse of the credit which it advises
C.add his confirmation to the credit which it advises
D.take reasonable care to check the apparent authenticity of the credit which it advises
(1)( )request the claiming bank to cancel the claim.
(2)( )instruct the claiming bank to contact the beneficiary.
(3)( )honour the claim and debit the issuing bank's account.
(4)( )dishonour the claim as per the issuing bank's instruction.
The writer advises that before applying for a bank loan, the applicant should ______.
A.thoroughly prepare
B.do some market research
C.learn a lot about the bank
D.know the upper limit of the loan
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