国际结算全集合155PD教学材料.ppt

受益人（Beneficiary/seller） The right to examine a credit upon receipt of it according to the sales contract; whether be paid or not solely depends on the fulfillment of terms and conditions of the credit. applicant beneficiary issuing bank Sales contract applicant L/C 通知行（Advising bank） Accurately transmit the terms of credit and check the apparent authenticity of the credit 保兑行（Confirming bank） Undertake the same obligations assumed by the issuing bank; Responsible for a credit independently and pay without recourse 议付行（Negotiating bank） In a negotiation credit, purchases the drafts