Confirming our telephone conversation this morning, we can offer you the rice of 400
A、 CIF to
B、 CIF at
C、 CIF
D、 CIF upon
A、 CIF to
B、 CIF at
C、 CIF
D、 CIF upon
(1)( ) the Reimbursing Bank (2)( ) the Confirming Bank
(3)( ) the Issuing Bank (4)( ) the beneficiary
(1)( )05 April (2)( )12 April
(3)( )30 April (4)( )03 May
A.A. buyer
B.B. issuing bank
C.C. confirming bank
D.D. advising bank
(1)( ) Issuing Bank
(2)( ) Confirming Bank
and why?
(1)( ) Red Clause credit.
(2)( ) Revolving credit.
(3)( ) Transferable credit.
2) If the Bank requests that an electronic record be re-presented:
(1)the time for examination is suspended and ______ when the presenter re-presents the electronic record; and
(2)if the Nominated Bank is not the Confirming Bank, it must provide the Issuing Bank and any Confirming Bank with ______ of the request for re-presentation and inform it of the suspension; but
(3)if the same electronic record is not re-presented within ______ calendar days, the Bank may treat the electronic record as not presented.
On the maturity date in accordance with UCP 600 Article 8a and 8c the confirming Bank B ______ to the Nominated Bank C, because UCP 600 Article 8c stipulates: "A confirming bank's undertaking to reimburse another nominated bank is independent of the confirming bank's undertaking to the beneficiary."
Which bank has a dual obligation toward the beneficiary and its agent-reimbursing bank?
(1)( )Confirming Bank (2)( )Issuing Bank
(3)( )Nominated Bank