The Seller must present documents, stipulated by the Buyer for payment under the documentary credit. The Bank will examine the documents based on the criteria described in the UCP 600.

Choose a statement from those listed below that will resonate to this statement.

A : Documentary credit application - The documentary credit is initiated by the Buyer who makes a documentary credit application and sends it to his Bank.

B: If the advising Bank has been named in the Credit, it will arrange to pay the funds due to the Buyer in 30 days.

C: A Complying presentation means a presentation that is in accordance with the terms and conditions of the Credit, the applicable provisions of the rules, and International Standard Banking Practice