A Credit subject to the eUCP (eUCP Credit) is () also/() not subject to the UCP without express
A Credit subject to the eUCP (eUCP Credit) is() also/() notsubject to the UCP without express incorporation of the UCP.
A Credit subject to the eUCP (eUCP Credit) is() also/() notsubject to the UCP without express incorporation of the UCP.
"Credit" means an arrangement that is ______ and constitutes a definite ______ of the issuing bank to honour a complying ______.
A credit is ______ even if there is no indication to that effect.
A、Shared Values
B、Expertise
C、Kind-hearted
D、Rank
(1)( )Presentation of a document identified as a tax invoice.
(2)( )An invoice which is not signed.
(3)( )An invoice made out in a different currency to the credit.
(4)( )An invoice issued for an amount in excess of that permitted by the credit.
(1)( ) paper documents alone.
(2)( ) electronic records alone.
(3)( ) electronic records in combination with paper documents.
(1)( ) The Revolving credit amount is USD120,000.00.
(2)( ) The Revolving credit amount is USD20,000.00.
Instalment shipments in Example 1
1st. 10,000 kgs latest on 30 April, 200×
2nd. 10,000 kgs latest on 31 May, 200×
3rd. 10,000 kgs latest on 30 June, 200×
1)The 2nd and 3rd shipments may be effected by the time of the ______ shipment.
2)The 3rd shipment may be effected by the time of the ______ shipment.
3)If the 1st shipment is not effected by 30 April, the credit would cease to be available for the ______ and the ______ shipments.
4)If the 1st shipment has been effected in time, and the 2nd shipment is not effected by 31 May, the credit would cease to be available for the ______ shipment.
Instalment shipment in Example 2
4th, 10,000 kgs between 1 April, 200× to 30 April, 200×
5th, 10,000 kgs between 1 May, 200× to 31 May, 200×
6th, 10,000 kgs between 1 June, 200× to 30 June, 200 ×
5)The 5th and 6th shipments may ______ be effected by the time of the 4th shipment.
6)The 6th shipment may ______ be effected by the time of the Sth shipment.
7)If the 4th shipment is not effected by 30 April, the credit would cease to be available for the ______ and the ______ shipments.
8)If the 4th shipment has been effected in time and the 5th shipment is not effected by 31 May, the credit would cease to be available for the ______ shipment.
(1)( ) Standby.
(2)( ) Revocable.
(3)( ) Inoperative.
(4)( ) Advance payment.
(1) where a signed invoice is required by the credit, the certification ( ) must/( ) (need not) be separately signed.
(2) where a signed invoice is not required by the credit, the certification or invoice ( ) must/( ) (need not) be signed and dated.
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