Under a documentary collection,the banks are acting as the agent of the buyer for collection purposes.
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Q8: "Bill of exchange" and "international draft" are
Q9: The holder of a banker's acceptance may
Q10: The seller's bank acting as an advising
Q11: The Convention on Bills of Exchange as
Q12: Letters of credit is a revocable commitment
Q14: Terms of the sales contract must be
Q15: The obligations under the letter of credit
Q16: The SWIFT System is an electronic network
Q17: A back-to-back letter of credit is actually
Q18: Under the UCP,banks are responsible for the
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