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A documentary credit pre-advice is issued on 1 March for USD510,000.00 with the following terms and

conditions:

- Partial shipment allowed.

- Latest shipment date 30 April.

- Expiry date 15 May.

On 2 March the applicant requests an amendment prohibiting partial shipment and extending the expiry date to 30 May. In accordance with UCP 600 what MUST the issuing bank do？

(1)( ) Clarify with the applicant the period for presentation.

(2)( ) Issue the documentary credit as originally instructed.

(3)( ) Issue the documentary credit incorporating all the amendments.

(4)( ) Issue the documentary credit incorporating only the extended expiry date.

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更多“A documentary credit pre-advic…”相关的问题

第1题

documentary credit

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第2题

An irrevocable confirmed documentary credit is one that contains the guarantee of payment to the ben

eficiary by both the issuing bank and confirming bank so long as the terms and conditions of the credit are met.( )

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第3题

The Supplement to the Uniform Customs and Practice for Documentary Credits for Electronic Presentati

on (eUCP) supplements the Uniform Customs and Practice for Documentary Credits (UCP). The eUCP will apply to a credit that must indicates as follows:

(1)( ) This credit is subject to eUCP.

(2)( ) This credit is subject to UCP600 and eUCP.

(3)( ) This credit is subject to UCP600 and its supplement.

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第4题

Documentary credit means payment against goods instead of against documents.（)A．正确B．错

Documentary credit means payment against goods instead of against documents.()

A．正确

B．错误

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第5题

Put × in relative check box of the following sentences or fill the blanks to issue an irrevocable co

nfirmed documentary credit which is to expire on or before 30 June, 200× and is available with the advising bank, Bank of China, Shanghai by payment at sight against draft (s) and documents.

______________________________________________________

(1)In Irrevocable Documentary Credit Form (Advice for the advising bank)

We request you to advise beneficiary:

①( ) without adding your confirmation.

②( ) adding your confirmation.

③( )adding your confirmation if requested by the beneficiary.

(2)In Notification of Irrevocable Documentary Credit Form

①( ) This notification and the enclosed advice are sent to you without any engagement on our part.

②( ) As requested by the issuing bank, we hereby add our confirmation to this credit in accordance with the stipulations under UCP600 Article 8.

(3)In Irrevocable Documentary Credit Form (Advice for the beneficiary)

Expiry date and place for presentation of documents

expiry date: ______

place for presentation: ______

credit available with ______

①( ) by payment at sight

②( ) by deferred payment at

③( ) by acceptance of draft (s) at

④( ) by negotiation against the documents detailed herein

⑤( ) and beneficiary's draft (s) drawn on

______________________________________________________

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第6题

Even if the credit requires presentation of a charter party contract, the documentary checker will n

ot examine the contract, but will pass it along without responsibility. Certain CCC commitments (United States Commodity Credit Corporation) may require a review of the charter party contract.

(1)( ) True

(2)( ) False

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第7题

Confirmed documentary credit is one that contains the guarantee of payment to the beneficiary by the

A.A. buyer

B.B. issuing bank

C.C. confirming bank

D.D. advising bank

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第8题

The documentary collection provides the seller with a greater degree of protection than sh

ipping on______.

A．documentary credit

B．bank's letter of guarantee

C．banker's draft

D．open account

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第9题

Documentary credits are separate transactions from the sales contract with which they are related an

d Letter of Credit can be divided into many kinds depending on the circumstance. A documentary credit may be available by payment, by negotiation or by acceptance.(1)means that the minated bank will pay the beneficiary the full amount due once he submits the contract documents equired under the credit. Under a(2), the beneficiary is given double assurance of payment since the confirming bank has added its own undertaking to that of the opening bank. If a credit can be transferred by the original beneficiary to one or more parties, it is a(3)If a credit stipulated that its amount can be renewed without specific amendment to the credit being made, it is then a(4).(5)are those that cannot be amended or revoked without the consent of all the parties concerned.

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第10题

Which of the following statements is correct when an assignment （款项让渡) of proceeds has been effe

Which of the following statements is correct when an assignment (款项让渡) of proceeds has been effected under a documentary credit issued in accordance with UCP 600？

(1)( )The assignee must present complying documents to receive payment.

(2)( )The assignee will receive payment of the proceeds directly from the applicant.

(3)( )The value of the documentary credit is reduced by the amount of the assignment.

(4)( )The beneficiary has assigned its rights to the stated amount of proceeds to the assignee.

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