1) Issuing Bank: Mellon Bank, New York 2) Beneficiary: Dafeng Trading Co., Tianjin 3) Supplier/Ass

d Bank. When a Nominated Bank forwards documents for reimbursement, where are the documents despatched to？

(1)( ) Issuing Bank

(2)( ) Confirming Bank

Time of effectiveness of the amendment for the issuing bank is:

(1)( ) the date of acceptance of the amendment by the beneficiary

(2)( ) the date of issuance of the amendment by the issuing bank

(3)( ) the date of advising amendment by the advising bank

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

(1)( ) with recourse.

(2)( ) without recourse.

(1)( ) the Reimbursing Bank (2)( ) the Confirming Bank

(3)( ) the Issuing Bank (4)( ) the beneficiary

Which of the following is necessary to amend an L/C？

(1)( ) Agreement among the issuing bank, confirming bank and beneficiary.

(2)( ) Agreement among the issuing bank, reimbursing bank and beneficiary.

(3)( ) Agreement among the issuing bank, applicant and beneficiary.

(4)( ) Agreement among the issuing bank, advising and beneficiary.

awn on the Issuing Bank 90 days after sight, how the credit be made available？

(1)( ) by sight payment

(2)( ) by deferred payment

(3)( ) by acceptance

(4)( ) by negotiation

Select the most appropriate statement.

(1)( ) The issuing bank must use an advising bank.

(2)( ) The issuing bank may use an advising bank.

(3)( ) Single window credit is not acceptable.

(4)( ) None.

the advising bank. What is the option available to the issuing bank？

(1)( ) The issuing bank may cancel the L/C anytime.

(2)( ) The issuing bank should seek permission from the advising bank.

(3)( ) The issuing bank must recall the L/C from the advising bank.

(4)( ) The issuing bank must obtain the consent of the beneficiary.

(1)( ) the applicant

(2)( ) the issuing bank

(3)( ) the first beneficiary

(4)( ) the second beneficiary

Silent confirmation is an arrangement made between:

(1)( ) Beneficiary and Advising Bank

(2)( ) Issuing Bank and Advising Bank

cuments for reimbursement to which bank as indicated below:

(1)( ) Issuing Bank

(2)( ) Confirming Bank

and why？