A bank opens an L/C at the request of the importer. It is a (an)().

A:issuing bank. B:applicant C:seller D:informing bank

The revision of the Uniform Customs and Practice for Documentary Credits is the sixth revision of the rules.It is the fruit of more than three years of work by (1) .UCP 600 applies to any (2) when the text of the credit expressly indicates that it is subject to these rules.They are binding on all parties thereto unless expressly modified or excluded by the credit. (3) means the bank that advises the credit at the request of the issuing bank. (4) means the bank that issues a credit at the request of an applicant or on its own behalf.Article 14 describes the standard for examination of documents.Under UCP 600,the (5) must be made out in the same currency as the L/C.B/L may now allow transshipment,provided that the entire carriage is coved by one and the same bill of lading.

A:Issuing bank B:Advising bank C:Confirming bank D:Negotiating bank

issuing bank

The (1) is the party who requests and instructs the issuing bank to open a letter of credit in favor of the beneficiary. The (2) usually is the importer or the buyer of goods and/or services. The (3) is the party in whose favor a letter of credit is opened by the issuing bank. The (4) usually is the exporter or the seller of goods and/or services. The issuing bank opens a letter of credit in favor of the beneficiary, at the request and on the instructions of the applicant. The issuing bank usually is located in the applicant’ s country. The advising bank advises the beneficiary that a letter of credit opened by the issuing bank is available to him/her and informs the (5) about the terms and conditions of the L/C. The advising bank is not necessarily responsible for the payment of the credit which it advises.

2()

A:beneficiary B:applicant C:issuing bank D:advising bank

英译汉:“issuing bank;negotiating bank;opening bank”,正确的翻译为( )。

A:开证行;开户银行;议付银行 B:议付银行;开证行;开户银行 C:开证行;议付银行:开户银行 D:开户银行;开证行;议付银行

A bank that opens an L/C at the request of an importer is a (an)().

A:issuing bank B:paying bank C:accepting bank D:informing bank

Bank of China informs the beneficiary, a Chinese import and export company that a foreign bank has opened a letter of credit in his favor. The bank does not add its engagement by informing the beneficiary. The Bank of China is acting as ( ).

A:the issuing bank B:the advising bank C:the confirming bank D:the negotiating bank

A bank that opens an L/C at the request of an importer is a (an)( ).

A:issuing bank B:paying bank C:accepting bank D:informing bank

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