(1)( )05 April (2)( )12 April
(3)( )30 April (4)( )03 May
(1)( )05 April (2)( )12 April
(3)( )30 April (4)( )03 May
1,000 units shipped between 01 June ×××× and 30 June ××××
2,000 units shipped between 01 July ×××× and 31 July ××××
2,000 units shipped between 01 August ×××× and 31 August ××××
3,000 units shipped between 01 September ×××× and 30 September ××××
The beneficiary shipped the goods and presented documents as follows:
A. 1,000 units shipped on 15 June ×××× and documents presented on 30 June ××××
B. 3,000 units shipped on 15 July ×××× and presented on 28 July ××××
C. 2,000 units shipped on 31 July ×××× and presented on 15 August ××××
D. 3,000 units shipped on 15 September ×××× and presented on 30 September ××××
Which of the above sets of documents are complying?
(1)( )A only.
(2)( )C only.
(3)( )A and D only.
(4)( )A, B and D only.
A. the issuing bank
B. the confirming bank
C. the beneficiary
D. the remitting bank
(1)( ) A and D only
(2)( ) C and D only
(3)( ) A, B and C only
(4)( ) A and D only
(1)( )latest date for presentation of a claim including any usance period.
(2)( )terms and conditions of the Undertaking.
(3)( )the letter of credit expiry date.
(4)( )party to pay the Reimbursement Undertaking fee, if other than the issuing bank.
A. shall send an authorisation to the Reimbursing Bank to honour claims.
B. shall require the Claiming Bank to supply a certificate of compliance to the Reimbursing Bank.
C. shall not be responsible for any interest should the Reimbursing Bank fail to honour the claim.
D. shall not be relieved of its obligation under the credit, should the reimbursing bank fail to honour the claim.
(1)( )A, C, D only (2)( )A, D only
(3)( )A, B only (4)( )B, C, D only
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