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4. The following chart is the procedure of forfaiting. Each number stands for one step. Please complete the blanks to describe the meaning of specific

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4. The following chart is the procedure of forfaiting. Each number stands for one step. Please complete the blanks to describe the meaning of specific steps. 2 6 Exporter Importer 1 13 7 12 Forfaiter 16 3 5 8 11 15 141 4 Advising Bank 9 Issuing Bank (Accepting Bank) 10 iT STEP 1: STEP 3: STEP 7: STEP 13: STEP 14: 4. The following chart is the procedure of forfaiting. Each number stands for one step. Please complete the blanks to describe the meaning of specific steps. 2 6 Exporter Importer 1 13 7 12 Forfaiter 16 3 5 8 11 15 141 4 Advising Bank 9 Issuing Bank (Accepting Bank) 10 iT STEP 1: STEP 3: STEP 7: STEP 13: STEP 14

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