W HEN THE EXPORTER FILL IN THE LETTER OF CREDIT APPLICATION FORM , IF...

Câu 29: W hen the exporter fill in the letter of credit application form , if the box requestef for

the Confirmation of credit to the beneficiary is ticked, what does it mean ?

A. Its mean the exporter wants the bank in his country merely handle the paperwork

B. Its mean the exporter wants the bank in his country make the payment itself and recover

the funds from the buyer’s bank

C. Its mean the exporter double quaranteed in term of payment by the third bank beside the

issuing bank and the advising bank

D. Its mean the confirmation from the issuing bank interms of payment in case the buyer

defauts