Kizspy | Question: 47
(Choose 1 answer)
The role of the principal party in documentary collections:
A. Prepares documents and submits them to the remitting bank with collection order for payment from the
buyer.
B. Prepares documents and submits them to the remitting bank for payment from the buyer.
C. Prepares documents and submits them to the collecting bank for payment from the buyer.
D. Prepares documents and submits them to the collecting bank with collection order for payment from the
buyer.
