Sometimes a third bank, in addition to the issuing bank and the advising bank becomes involved with a letter of credit. This bank is called a _________?

Sometimes a third bank, in addition to the issuing bank and the advising bank becomes involved with a letter of credit. This bank is called a _________?


a. Primary bank.

b. Secondary bank.

c. Intermediary bank.

d. Amending bank.

e. None of the above.


Answer: e. None of the above.


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