A bank reconciliation should be prepared periodically because ().

A.advising bank

B.negotiation bank

C.reimbursing bank

D.confirming bank

Which bank has a dual obligation toward the beneficiary and its agent-reimbursing bank？

(1)( )Confirming Bank (2)( )Issuing Bank

(3)( )Nominated Bank

The banks on the buyer's side on L/C arrangement are( ).

A. issuing bank B. advising bank

C. negotiating bank D. paying bank

A.Confirming Bank

B.Opening Bank

C.Negotiation Bank

D.Advising Bank

Advising Bank是指开证行。()

(1)( ) The nominated bank is protected under UCP 600.

(2)( ) The nominated bank is not protected under UCP 600.

Under negotiation credit, the confirming bank make payment to the negotiating bank

(1)( ) with recourse.

(2)( ) without recourse.

A.REMITTING BANK

B.PRINCIPAL

C.NEGOTIATING BANK

D.COLLECTING BANK

E.PAYER