Bank letter of credit is a conditional payment commitment. Letter of credit is a bank credit, is the issuing bank for the importers to use their credit guarantee business credit, but the issuing bank, credit guarantee such payment is conditional, that is the beneficiary (exporter) must be completely compliance with credit terms, the documents submitted meet the requirements. After opening the letter of credit issuing bank, the payment of negative primary responsibility is the main debtor, as long as the beneficiary (exporter) to documents submitted by the bank meet the conditions of the credit, the issuing bank to pay regardless of whether the importer section to it, must be paid to the beneficiary or the designated bank. This is different from a security business, banks have negative secondary responsibility, that is, in the case of non-payment by the guarantor bank, took the payment was more different from the collection business, agency relationship, which can collection Bank is not responsible, but their behalf代写留学生作业,代写essay,代写assignment,澳洲代写Assignment,英国作业,澳洲作业代写,美国留学生毕业论文,加拿大留学生论文等英语论文,是专业的英文论文代写网站