UCP 600 does not apply unless it is expressly mentioned in the text of L/C.( )
What is the definition of "Credit" in UCP 600?
"Credit" means an arrangement that is ______ and constitutes a definite ______ of the issuing bank to honour a complying ______.
A credit is ______ even if there is no indication to that effect.
Please compare the responsibilities for the advising bank in UCP 500 with those in UCP 600?
The responsibility for the advising bank in UCP 500 is that it will take reasonable care to check the ______ of the credit.
There are two responsibilities for the advising bank in UCP 600 as follows:
(1)It has satisfied itself as to the ______ of the credit or amendment.
(2)Its ______ the terms and conditions of the credit or amendment.