The instruction letter is part of the documentary collection
A) that is not recognized in the United States.
B) in which the exporter, through the remitting bank, tells the presenting bank what it is expected to accomplish.
C) that is not recognized in the European Union.
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

The instruction letter is a document in which the exporter,through the remitting bank,tells the presenting bank what is expected to accomplish and it is recognized in the United States and in the European Union.

The Instruction Letter Is Part of the Documentary Collection