CÂU 50. WHAT DOES PROMPT PAYMENT OF LETTET OF CREDIT DEPEND ON

46. What happens first when a bank refuses to pay under a letter of credit?

A. The bank will cite a “discrepancy”, some aspect of the documentation that is

not line with the term of the credit

B. A check –list of commonly cited discrepancies will be used by banks

C. The exporter will have to re-submit their shipping document

D. The exporter must contract the buyer asking the buyer to instruct the issuing banj

to extend the date of the credit