问题 | The characteristics of the letter of credit |
释义 | (2)Althoughtheletterofcredittotradecontractsforthefoundation,butonceitopened,itbecameindependentofthecontractotherthanacontract."UCP500"provisionsofsection3oftheletterofcreditmaybeusedasthebasiswiththesalescontractisindependentofeachothertransactions,evenifthecontractmentionedinthelettersofcredit,thebankshasnothingtodowiththecontract,andnotbeboundby.Thus,allthepartiestorelyoncredittermsoftheletterofcreditact,aletterofcreditasthesolebasis.Iftheexportstothefullyconsistentwiththeprovisionsoftheletterofcreditdocuments,wecanguaranteethesecureandrapidexchangeearnings.Exporttofulfiltheirtermsoftheletterofcredit,andlettersofcreditissuedwithtermsconsistentwiththedocumentation,anddoesnotguaranteethathefullyperformthecontract,onthecontrary,iftheexportsidetoearnestlycarryoutthecontract,butfailedtoprovidethedocumentationconsistentwiththeletterofcredit,Bankswerealsodishonour. 该内容由 张胜云律师 和 律说律答 共创回答 |
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