WHAT DOES PROMPT PAYMENT OF THE LETTER OF CREDIT DEPEND ON

Question

7. What does prompt payment of the letter of credit depend on?A. It depends on the presentation of correct documentation of the exporterB. It depends on kind of the documents which must be presented by the exporterC. It depends on the willingness of the buyerD. It depends on the time of checking the documents from both advising bank andissuing bank.

Answer

7. What does prompt payment of the letter of credit depend on?A. It depends on the presentation of correct documentation of the exporterB. It depends on kind of the documents which must be presented by the exporterC. It depends on the willingness of the buyerD. It depends on the time of checking the documents from both advising bank andissuing bank.

WHAT DOES PROMPT PAYMENT OF THE LETTER OF CREDIT DEPEND ON

7. What does prompt payment of the letter of credit depend on?

A. It depends on the presentation of correct documentation of the exporter

B. It depends on kind of the documents which must be presented by the exporter

C. It depends on the willingness of the buyer

D. It depends on the time of checking the documents from both advising bank and

issuing bank.

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