Issuing Bank And Advising Bank

Issuing bank atau opening adalah bank pembuka l c.

Issuing bank and advising bank. Generally advising banks are located in the same country as beneficiaries. Selain proses advisi bank ini dapat juga bertindak sebagai paying bank sepanjang mendapat penunjukan dari issuing bank. Correspondent bank usually in the exporter s country of an issuing bank usually in the importer s country that receives a letter of credit l c from the issuing bank for authenticating it and informing advising the exporter the l c s beneficiary that a l c has been opened by the importer in the exporter s favor. When advising a letter of credit the bank assumes no other liability.

Advising bank has no connection with the letter of credit availability or the place of letter of credit expiry. All other banks are acting according to the instructions and authorization that they have received from the issuing bank. Bank tidak bertanggung jawab atas isi l c dan hanya bertindak sebagai perantara. Ekspor dan impor.

An advising bank also known as a notifying bank advises a beneficiary exporter that a letter of credit l c opened by an issuing bank for an applicant importer is available. Advising banks usually request this type of arrangement when an international transaction is desired. Bank penerus surat kredit. On receipt of the documents for examination and payment the advising bank will pay the seller only if it has received good funds from the issuing bank even if it was.

The function of the advising bank is to take reasonable care to verify the authenticity of credits received and then accurately transmit them to their beneficiaries. An issuing bank authorizes a nominated bank to honor or negotiate the complying documents that are presented to the nominated bank. An advising bank acts as the agent of the issuing bank. Advising bank is the bank that advises the letter of credit to the beneficiary.

This involves a bank other than the issuing bank providing the guarantee for the letter of credit. Yaitu bank di negara eksportir yang meneruskan atau memberitahukan dan juga menegaskan kebenaran pembukaan l c kepada beneficiary. Issuing bank on the other hand is the bank that issues a letter of credit at the request of an applicant or on its own behalf. Confirming bank adalah bank yang melakukan konfirmasi atas permintaan issuing bank dan menjamin.

It will usually be the seller s bank but it could be any bank willing to guarantee the letter of credit in exchange for the fees involved. Advising bank is the bank that advises the letter of credit to the beneficiary. An advising bank transmits the letter of credit to the beneficiary in the. For example an advising bank advises the letter of credit to the beneficiary as per the instructions that have been received from the issuing bank.

Advising bank adalah bank yang meneruskan l c yaitu bank koresponden agen yang meneruskan l c kepada beneficiary.