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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The Issuing Bank may authorize the Nominated Bank to negotiate the drafts and/or documents.
A. 对
B. 错
The Nominated Bank is the bank, which is authorized by the Issuing Bank “to pay, to incur a deferred payment undertaking".
A. 对
B. 错
The confirmation of the L/C by another bank - the Confirming Bank - means that if the Issuing Bank refuses to make the payment, the Confirming Bank is responsible for this payment.
A. 对
B. 错
If the Advising Bank does not agree to confirm the L/C, ask the bank to recommend you another bank to be the Confirming Bank.
A. 对
B. 错