题目内容
“Pay to the order of C Company the sum of USD 5,000 only on delivery of B/L No. 123”is a correct statement of unconditional paying order on bill of exchange.
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“Pay to the order of C Company” is a restricted order.
Normally the remitting bank is the importer’s bank.
In collection, goods can be delivered directly to the address of a bank or consigned to or to the order of a bank even though there is no prior agreement on the part of that bank.
Since the advising bank has verified the letter of credit, the beneficiary is not supposed to check it again.
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