_____ 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: The opening bank
B: The advising bank
C: The negotiating bank
D: The beneficiary
举一反三
- The importer’s bank is called the ___ A: applicant B: beneficiary C: issuing bank D: advising bank E: None of the above
- ______ (usually the importer) , ________ (usually the exporter), issuing bank and advising bank are the 4 fundamental parties.
- _____ is usually a bank in the country of the importer.
- Confirmation of a credit may be given by____________. A: the beneficiary at the request of the importer B: the advising bank at the request of the issuing bank C: the advising bank after the receipt of correct documentation D: the issuing bank after the receipt of correct documentation
- ( ) is the bank that makes payment to the beneficiary against presentation of stipulated documents. A: Confirming bank B: Negotiating bank C: Paying bank D: Reimbursing bank