In L/C settlement, the obligation of the advising bank is ()
A. to buy a documentary draft
B. to issue the L/C upon the application of the importer
C. to make actual payment
D. to notify the seller of the arrival of the L/C
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What are the required contents of a draft as per China's laws?
A. drawer's signature
B. payer's name
C. issuing date
D. no indication of conditions under which the payment is to be made
The most popularly used draft in international trade is to be drawn
A. payable to order
B. payable to the holder
C. by the exporter
D. by the importer
() credits are often used by export brokers.
A. transferable
B. clean
C. back to back
D. reciprocal
A check is drawn by a bank.
A. 对
B. 错