Bankers take no undertaking of payment in collection.
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If a credit is subject to UCP 600 and doesn't indicate whether it is irrevocable or not, it is a revocable L/C.
A. 对
B. 错
In international trade, clean collection is more frequently used than documentary collection.
A. 对
B. 错
If the remittance is made by a banker's demand draft, this payment is based on bank credit.
A. 对
B. 错
If the exporter finds out mistakes on a received L/C, he should directly contact the issuing bank.
A. 对
B. 错