题目内容
If the exporter finds out mistakes on a received L/C, he should directly contact the issuing bank.
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For a confirmed credit, the confirming bank holds the same liability as the issuing bank.
In D/A, the collecting bank will first accept the draft and then provide the documents to the importer.
Under collection, though the seller collects payment through banks, it is not guaranteed that he will receive the money as collection is still based on commercial credit.
According to UCP600, a letter of credit which does not indicate whether it is transferable or not would be considered as transferable.
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