Describe the buyer credit procedure of providing loan to importer’s bank on-lending to the importer, in the order of the numbers

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问题     Describe the buyer credit procedure of providing loan to importer’s bank on-lending to the importer, in the order of the numbers given in the chart. Write your answer on the ANSWER SHEET.

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答案 ① Exporter’s Bank and Importer’s Bank conclude a general agreement of export credit. Importer’s Bank requests and Exporter’s Bank agrees to make available the Facility Line pursuant to the terms and conditions of the agreement. ② Exporter and Importer conclude a supply contract. ③ Exporter and Importer made an application to Exporter’s Bank and Importer’s Bank respectively. ④ Exporter’s Band signs an individual loan agreement with Importer’s Bank to finance the contract after they have accepted the applications, respectively. ⑤ Exporter’s Bank make an application for the individual loan agreement to government’s export credit agency and the loan agreement comes into effect after the export credit agency has approved it.

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