THE MACHANISM OF A CONFIRMED LETTER OF CREDIT IN FAVOR OF THE SELLE...

3. The machanism of a confirmed letter of credit in favor of the seller

A. Buyer instructs issuing bank to issue a letter of credit in favor of the seller

B. Buyer instructs an issuing bank to instruct an advising bank to pay under a

letter of credit in favor of the seller

C. Buyer instructs an issuing bank to instruct a confirming bank to pay

under a letter of credit in favor of the seller

D. Buyer instructs an issuing bank to instruct any third party bank to pay under a