Advising bank
id:
advising-bank-184-11334179
title:
Advising bank
text:
An advising bank advises a beneficiary (exporter) that a letter of credit (L/C) opened by an issuing bank for an applicant (importer) is available. An advising bank's responsibility is to authenticate the letter of credit issued by the issuer to avoid fraud. The advising bank is not necessarily responsible for the payment of the credit which it advises the beneficiary of. The advising bank is usually located in the beneficiary's country. It can be (1) a branch office of the issuing bank or a cor
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Advising_bank
date created:
2005-06-03T12:19:48Z
date modified:
2024-09-07T10:49:31Z
main entity:
{"identifier":"Q4686814","url":"https://www.wikidata.org/entity/Q4686814"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/8/8d/Community_Noun_project_39956.svg","width":56,"height":59}
fields total:
13
integrity:
15