题目内容
In the collection business, the collecting bank is not obliged to review the contents of the documents.
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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.
If a bank involved in letter of credit find discrepancies in the documents, it should pass the documents to the importer directly.
Under direct collection, there is no remitting bank since principal forwards collection instructions directly to the collecting bank.
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