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  3. Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under t

Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under t

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问题     Most commercial letters of credit are documentary, meaning that certain documents must be included with any drafts drawn under the terms of the credit. Documents required usually include an order bill of lading, a commercial invoice, and any of the following: consular invoice, insurance certificate or policy, certificate of origin, weight list, packing list.
    The first is the standby letter of credit, in which the issuing bank undertakes to pay if the applicant does not carry out his obligations. Documents normally called for are evidences of the underlying transaction, such as non-negotiable copies of bills of lading, or third party’s certificate certifying the non-payment by the applicant. The second is the indemnity for minor discrepancies in the documents given to the shipping company so that the issuing bank may make payment or the shipping company may release goods to the applicant.
The indemnity may be ______.
选项 A、used whenever there are discrepancies in the documents
B、presented when the shipping company intends to release the goods to the applicant
C、presented to the issuing bank of the L/C under which there are unimportant discrepancies in the documents
D、used in lieu of shipping documents
答案A
解析 文章最后提到the indemnity for minor discrepancies in the documents, 由此可知A选项符合题意。
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本试题收录于： FECT综合（现代金融业务）题库金融英语（FECT）分类
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