WHAT HAPPENS IF THE ISSUING BANK FINDS A PROBLEM WITH THE DOCUMENT...

12. What happens if the issuing bank finds a problem with the documents and refuses to

send funds to the advising bank to cover payment?

A. The advising bank has to suffer that loss due to their carelessness in checking the

shipping documents

B. The advising bank gets its money back from the exporter

C. The payments form the advising bank to the exporter are always made with

recourse. The exporter has to pay back the advising bank in such a case

D. It is the responsibility of the issuing bank of paying back the advising bank in suck

in case