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9 Cards in this Set
- Front
- Back
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6.6 Advising Bank
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If the details are not correct,
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6.7 Advising Bank
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the advising bank tells the seller
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6.8 Advising Bank
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and waits for corrected documents or further instructions.
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7.1 Issuing Bank
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The issuing bank examines the documents from the advising bank
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7.2 Issuing Bank
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and if they are in order, pays the money promised or agrees to in the future.
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7.3 Issuing Bank
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If the details are not correct,
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7.4 Issuing Bank
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the issuing bank contacts the buyer for authorisation to pay or accept the documents.
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7.5 Issuing Bank
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If acceptable, the issuing bank releases the documents to the buyer,
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7.6 Issuing Bank
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and pays the money promised or agrees to pay it in the future.
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