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Reimbursing bank in a sentence

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Sentence count:10Posted:2022-11-26Updated:2022-11-26
Similar words: reimbursereimbursablereimbursementadvising bankpaying bankopening bankissuing bankremitting bank
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1. i. An issuing bank must provide a reimbursing bank with a reimbursement authorization that conforms with the availability stated in the credit.
2. Please submit your claim to the reimbursing bank requesting them to pay it less USD25.00 being their reimbursement charges.
3. c. An issuing bank is not relieved of any of its obligations to provide reimbursement if reimbursement is not made by a reimbursing bank on first demand.
4. Issuing Banks shall not require a Claiming Bank to supply a certificate of compliance with the terms and conditions of the Credit to the Reimbursing Bank.
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5. An issuing bank is not relieved of any of its obligations to provide reimbursement if reimbursement is not made by a reimbursing bank on first demand.
6. An Issuing Bank shall not be relieved from any of its obligations to provide reimbursement if and when reimbursement is not received by the Claiming Bank from the Reimbursing Bank.
7. ii. A claiming bank shall not be required to supply a reimbursing bank with a certificate of compliance with the terms and conditions of the credit.
8. A time draft issued by a company, an individual or a bank is accepted by the reimbursing bank.
9. "Claiming bank" means a bank that honours or negotiates a credit and presents a reimbursement claim to the reimbursing bank.
10. Upon presentation of documents in conformity with the credit at your counter, you are authorized to claim payment immediately from the reimbursing bank to whom we have instructed to honor your claim.
More similar words: reimbursereimbursablereimbursementadvising bankpaying bankopening bankissuing bankremitting bankconfirming bankcollecting banknegotiating banknursing bottlebanking businesswedding bandreinforcing barclosing balancecoursingcursingnursingbe imbued withnursing carenursing-homenursing homenursing schoolEximbankbursitisbang-bangburbankursinedingbat
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