Sentencedict.com
 Directly to word page Vague search(google)
Home > Confirming bank in a sentence

Confirming bank in a sentence

  up(0)  down(0)
Sentence count:11Posted:2019-09-18Updated:2020-07-24
Similar words: confirmingconfirm inconfirmconfirmation hearingconfirmedconfirm onreconfirmissuing bank
Random good picture Not show
1. Unless the Nominated Bank is the Confirming Bank.
2. Confirmation means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation.
3. Confirming bank mea the bank that adds its confirmation to a credit bank's authorization or request.
4. A confirming bank may extend its confirmation to an amendment and will it advises the amendment.
5. Under what conditions a confirming bank may discharge its payment obligations?
6. We would be very pleased if you could consider acting as confirming bank.
7. D. i. Except as otherwise provided by Article 48, an irrevocable Credit can neither be amended nor canceled without the agreement of the Issuing Bank, the Confirming Bank, if any,[sentencedict .com] and the Beneficiary.
8. Under a confirmed credit, the beneficiary is given double assurance of payment since the confirming bank has added its own undertaking to that of the opening bank.
9. When a nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank decides to refuse to honour or negotiate, it must give as ingle notice to that effect to the presenter.
10. Except as otherwise provided by Article 48, an Irrevocable Credit can neither be amended nor cancelled without the agreement of the Issuing Bank, the Confirming Bank, if any, and the beneficiary .
11. However, certified check is an exception. Its principal debtor is the confirming bank.
More similar words: confirmingconfirm inconfirmconfirmation hearingconfirmedconfirm onreconfirmissuing bankconfirmableunconfirmedadvising bankconfirmationconfirmativeconfirmatoryremitting bankreconfirmationin confirmation ofconfirmed creditconfirmatory testorder confirmationwritten confirmationdelivery confirmationconfirmed letter of creditinfirmityconformingnonconformingbe firm inwedding bandcoming backbeacon fire
Total 11, 30 Per page  1/1 
Leave a comment
Welcome to leave a comment about this page!
Your name:
Latest commentsInto the comment page>>
More words