WHAT HAPPEN IF THE ISSUING BANK FINDS A PROBLEM WITH THE DOCUMENTS...

22. What happen 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

shipping documents

B. The advising bank gets money back from exporter

C. The payment from the advising bank to the exporter are always made with

recourse. The exporter…

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

a case