What is a documentary letter of credit? . A. A conditional bank undertaking to pay an exporter on production of stipulated documentation B. A method of lending against documentary security C. An international trade settlement system biased in favour of importers D. All of the above 相关知识点...
What is the primary purpose of a documentary credit? A. To guarantee payment B. To facilitate the transfer of documents C. To provide a means of exchange D. To finance the purchase of goods 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
A. Payment is made immediately upon presentation of documents B. Payment is made after a specified period C. Payment is made at the discretion of the bank D. Payment is made at the time of shipment 相关知识点: 试题来源: 解析 A 反馈...
题目 What is the meaning of "at sight" in the context of a documentary credit? 答案 A 解析 null 本题来源 题目:What is the meaning of "at sight" in the context of a documentary credit? 来源: 国际结算英语试题及答案 收藏 反馈 分享...
A conditional bank undertaking to pay an exporter on production of stipulated documentation.
Trade Finance Newsletter #1 What is a non-documentary credit condition? There are situations where a condition in the documentary credit does not state the document to indicate compliance with that condition. Such a condition is often referred to as a "non-documentary condition". The question is...
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Edging, also known as orgasm control, is a technique helping you maintain a high level of sexual arousal for an extended period without reaching climax.By Beth Ashley on July 20, 2023 Share on Facebook Share on Twitter Share on Flipboard Credit: Getty Images / South_agency Got a ...
A documentary letter of credit is a bank’s promise to pay a seller on behalf of the buyer so long as the seller complies with precisely defined terms and conditions specified in the credit. A documentary letter of credit provides almost equal security to both the buyer and the seller and ...
bank issues a letter of credit to guarantee the payment to the seller, essentially assuming the responsibility of ensuring the seller is paid. A buyer must prove to the bank that they have enoughassetsor a sufficientline of creditto pay before the bank will guarantee the payment to the ...