If an Issuing Bank Pays Its Obligation Under a Letter

If an issuing bank pays its obligation under a letter of credit without collecting the amount paid from the importer receiving the goods that are subject to the letter of credit:

A) the bank has essentially financed the purchase of those goods for the importer,and the importer will have had to made arrangements to repay the bank for the amount that it paid plus interest.
B) the bank can reclaim from the importer the goods that were purchased under the letter of credit.
C) both the bank and the exporter who supplied the goods covered by the letter of credit have a claim against the importer receiving the goods.
D) the exporter can reclaim the goods from the importer.