题目内容
Under L/C, always draw the draft on the bank, not on the buyer.
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The payments under L/C are usually made by the bank upon receipt of the documents stipulated in the L/C and a bill of exchange issued by the exporter.
The advising bank is not responsible for the payment of the L/C.
The Issuing Bank is the key player in the procedure, the one who makes the payment.
If the Advising Bank does not have a corresponding bank in the buyer's country, ask the bank to recommend you a well-known bank with high credit rating and insist your buyer has the L/C issued by this bank.
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