If a letter of credit is not used by thebeneficiary, it may be returned to the applicant for cancellation.
举一反三
- The role of Exporter in international settlement might be _______.() A: beneficiary in documentary letter of credit B: Applicant in documentary letter of credit C: principal in documentary collection D: drawer of commercial draft in collection and letter of credit
- Applicant completes a Letter of Credit Application which is set of instructions telling the issuing bank what needs to be included in the letter of credit.
- Which of the following sentences are used for specific information of the applicant when writing a recommendation letter?
- Upon finding discrepancies, the issuing bank must send a waiver of discrepancy to the applicant of the letter of credit under UCP600.( )
- Which payment method are widely used in international trade? A: Documentary Collection B: Remittance C: Letter of Credit D: Credit card