Question

In the context of documentary credit, which of the

Q: Answer-In the context of documentary credit, which of the following is typically considered a 'compliant do...

A compliant document in documentary credit refers to the documents specified in the letter of credit that must be presented by the exporter to receive payment. A certificate of origin is one of these documents that certifies where the goods were produced and is often required under the terms of a letter of credit.

following is typically considered a "compliant document"?

A A sales contract between the buyer and seller.

B A certificate of origin indicating the goods' country of manufacture.

C A promissory note issued by the buyer.

D A letter of credit from the buyer’s bank.

E A personal guarantee from the buyer.

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Solution