| |
1 |
| Applicant's bank |
|
The financial institution which is requested to issue the documentary credit. |
|
| |
2 |
| Issuing bank |
|
The financial institution which issues the documentary credit, if the applicant's bank is not acting as the issuing bank. |
|
| |
3 |
| Beneficiary's bank |
|
The financial institution with which the beneficiary maintain an account. |
|
| |
4 |
| Beneficiary |
|
The party in whose favour the documentary credit is to be issued and the party who must comply with the credit's terms and conditions. |
|
| |
5 |
| Contact party 1 |
|
First party to contact. |
|
| |
6 |
| Contact party 2 |
|
Second party to contact. |
|
| |
7 |
| Contact party 3 |
|
Third party to contact. |
|
| |
8 |
| Contact party 4 |
|
Fourth party to contact. |
|
| |
9 |
| Contact bank 1 |
|
First financial institution to contact. |
|
| |
10 |
| Contact bank 2 |
|
Second financial institution to contact. |
|
| |
11 |
| Creditor |
|
Party to whom payment is due. |
|
| |
12 |
| Receiving bank |
|
Identifies the bank which is to receive funds. |
|
| |
13 |
| Creditor's bank |
|
Identifies the bank to whom payment is due. |
|
| |
14 |
| Instruction receiving party identifier |
|
Code specifying the party to receive an instruction. |
|
| |
15 |
| Debtor |
|
Party from whom payment is due. |
|
| |
16 |
| Payer or payer's agent |
|
Party or party's agent from whom funds will be made available. |
|
