Describe the procedures of banker’ s acceptance according to the numbers given in the following charter. Write your answer on th

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问题 Describe the procedures of banker’ s acceptance according to the numbers given in the following charter. Write your answer on the ANSWER SHEET.

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答案①Importer applies to the importer’ s bank for an irrevocable L/C. ②Importer’ s bank sends L/C to the exporter. ③Exporter presents L/C to exporter’ s bank with shipment proof for payment. ④Exporter’ s bank sends a time draft along with shipment proof to importer’ s bank. ⑤Importer’ s bank stamps the time draft "accepted" and sends the banker’ s acceptance back to the exporter’ s bank. ⑥Importer deposits funds at importer’ s bank sufficient to cover the banker’ s acceptance when it matures.

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