Question: In this activity, you will order the procedural steps for the Letter of Credit and complete an Air Waybill and Draft based on a Letter

In this activity, you will order the procedural steps for the Letter of Credit and complete an Air Waybill and Draft based on a Letter of Credit.

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  1. Match the number in the diagram to the step in the flow of documents and payment for a Letter of Credit.

Applicant (Buyer/Importer) H 10 2 Issuing Bank 11 W 5 3 Beneficiary(Seller/Exporter) ORDER Mun Advising Bank

Applicant (Buyer/Importer) H 10 2 Issuing Bank 11 W 5 3 Beneficiary (Seller/Exporter) ORDER Mun Advising Bank

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1 The buyer and seller agree on terms of the sale including the use of a letter of credit as payment ... View full answer

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