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  3. Describe the procedures of settlement by payment credit according to the numbers

Describe the procedures of settlement by payment credit according to the numbers

游客2025-06-19  36
问题 Describe the procedures of settlement by payment credit according to the numbers given in the following charter. Write your answer on the ANSWER SHEET.
选项
答案 ①The seller sends the documents to the bank where the Credit is available.
②After checking that the documents meet the Credit requirements, the bank makes payment.
③This bank then sends the documents to the issuing bank.
④The issuing bank, after checking that the documents meet the Credit requirements, makes reimbursement.
⑤The issuing bank then sends the documents to the Buyer.
⑥Reimbursement is obtained in the pre-agreed manner.
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