CIPS Exam A9 Topic 1 Question 4 Discussion

Actual exam question for CIPS's A9 exam

Question #: 4
Topic #: 1

In a transaction involving a Letter of Credit, what is the name given to the correspondent bank in the seller's country?

AIssuing bank

BAdvising bank

CCollecting bank

DDiscount bank

Show Suggested Answer

Suggested Answer: B

by Jina at May 08, 2022, 09:08 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!