advising bank

listen to the pronunciation of advising bank
Englisch - Türkisch
mutabakat bildiren banka
Englisch - Englisch
A bank, operating in the exporter's country, that handles letters of credit for a foreign bank by notifying the export firm that the credit has been opened in its favor The advising bank fully informs the exporter of the conditions of the letter of credit without necessarily bearing responsibility for payment
a bank in the exporter's country that handles letters of credit for a foreign bank by notifying the export firm that the credit has been opened in its favor The advising bank also tells the exporter the conditions of the letter of credit without necessarily bearing responsibility for payment
The bank which receives a letter of credit or amendment to a letter of credit from the issuing bank and forwards it to the beneficiary [ITDS]
A bank, usually in the country of origin, that receives a letter of credit from the issuing bank and advises the shipper, or other party named in the letter of credit as the beneficiary, that a letter of credit has been opened in their favor and of the steps they must take to collect payment The advising bank assumes no obligation to pay the credit
A bank, operating in an exporter's country, that handles letters of credit for a foreign bank by notifying the exporter that credit is open and informing the exporter of the letter's conditions The advising bank does not necessarily hold a responsibility for payment of the credit (See also Exporter and Letter of credit (L/C) )
The bank that notifies the exporter of the opening of a documentary credit in their favour The advising bank, usually located in the exporter’s country, fully informs the exporter of the conditions of the documentary credit, without obligation on its part
A bank operating in the seller's country, that handles letters of credit in behalf of a foreign bank
A bank operating in the exporter's country that handles letters of credit for a foreign bank by notifying the exporter that the credit has been opened in his favor
(Correspondent of the Issuing Bank) The bank designated by the buyer or the issuing bank to authenticate and forward the Documentary Letter of Credit to the beneficiary
A bank, operating in the exporter's country, that handles letters of credit for a foreign bank The Advising Bank notifies the exporter that the credit has been opened in his or her favor The Advising Bankfully informs the exporter of the conditions of the letter of credit without necessarily bearing responsibility for payment
A domestic bank that handles letters of credit for a foreign bank by notifying the exporters that the credit has been opened in their favor and informing them fully of the conditions and terms without assuming responsibility
The bank (the seller's or exporter's bank) which receives a letter of credit from the issuing bank (the buyer's bank) and forwards it to the recipient (the exporter/seller)
is a bank in the exporter's country handling a letter of credit
A bank, operating in the exporter's country, that handles letters of credit for a foreign bank by notifying the export firm that credit has been opened in its favor The advising bank fully informs the exporters of the conditions of the letter of credit without necessarily bearing responsibility
Bank that receives a letter of credit from the issuing bank for authentication and delivery to the beneficiary The advising bank is usually a correspondent of the issuing bank located in the vicinity of the beneficiary
Bank, usually in the seller's country, whose primary function is to authenticate the letter of credit and advise it to the seller The advising bank MAY also take on other roles in the transaction These include: confirming the letter of credit (confirming bank) accepting a term bill of exchange (accepting bank) paying the seller upon presentation of documents (paying or negotiating bank)
The bank that notifies the exporter of the opening of a documentary credit in their favour The advising bank, usually located in the exporter's country, fully informs the exporter of the conditions of the documentary credit without obligation on its part
Bank that is usually a correspondent of the issuing bank and that notifies the beneficiary that the credit has issued or has been amended An advising bank may, but does not always, confirm the credit Cf adviser
advising bank

    Türkische aussprache

    ädvayzîng bängk

    Aussprache

    /adˈvīzəɴɢ ˈbaɴɢk/ /ædˈvaɪzɪŋ ˈbæŋk/
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