题目内容
The risks and expenses in the collection business are shared by the principal and the banks jointly.
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After the buyer and the buyer sign the contract, the seller should apply to the bank for the issuance of a letter of credit in a timely manner in accordance with the contract.
In the collection business, the collecting bank is not obliged to review the contents of the documents.
According to whether the letter of credit is confirmed, the letter of credit can be divided into Payment Credit at Sight、Deferred Payment Credit、Acceptance Credit、Negotiation Credit.
Expiry date of letter of credit means the latest time period that goods need to be shipped.
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