States that a letter of credit beneficiary may recover from the issuing bank where the bank fails to identify specific discrepancies in a timely manner. Court decision in the New York case 'Hamilton Bank N.A. v. Kookmin Bank'; Importance of letters of credit as payment mechanisms in business...
Multinational bank’s services include issuing letter of credit, buying and selling foreign exchange, issuing banker’s acceptances, accepting Eurocurrency deposits, making Eurocurrency loans, and assisting in the marketing of Eurobonds. A. 跨国银行提供的服务包括开立信用证、买卖外汇、开证行承兑、接受...
aan issuing bank refers to the bank that issues a letter of credit at the request of the applicant,and is responsible for payment of the proceeds under an letter of credit if the terms and conditions of the credit are complied with 一家发布的银行提到应申请人请求发布信用证的银行,并且负责对...
aan issuing bank refers to the bank that issues a letter of credit at the request of the applicant,and is responsible for payment of the proceeds under an letter of credit if the terms and conditions of the credit are comolied with 一家发布的银行提到应申请人请求发布信用证的银行,并且负责对...
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The letter of credit is usually opened by the . A. issuing bank B. confirming bank C. advising bank D. negotiating bank 相关知识点: 试题来源: 解析 A A项表示“开证行”;B项表示“保兑行”;C项表示“通知行”;D项表示“议付行”。信用证通常是由开证行开立,故选A项。
credit is a written promise by the issuing bank to the beneficiary,under which the bank will pay a certain sum to the benficiary if the beneficiary of the L/C provides the bank with specified documents within a prescribed period with all comply with the terms and conditions of the credit...
of goods and/or services. The issuing bank opens a letter of credit in favor of the beneficiary, at the request and on the instructions of the applicant. The issuing bank usually is located in the applicant"s country. The advising bank advises the beneficiary that a letter of credit opened...
1) issuing bank 开证行1. A Research on the Issues of Protecting the Rights and Interests of the Issuing Bank under Letter of Credit; 信用证下开证行权益保护问题研究2. The discrepancies of documents under a letter of credit release the issuing bank from the responsibility of payment, which ...
Letter of credit acceptance period: 60 days after the day of the issuing bank. 翻译结果4复制译文编辑译文朗读译文返回顶部 Letters: opening bank acceptance period 60 days after the single. 翻译结果5复制译文编辑译文朗读译文返回顶部 The letter of credit accepts the time: Will open the card good in...