advising bank In A Sentence

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• Each presentation of documents must indicate the credit number of the issuing bank and the credit number of the advising bank.
• This preliminary notification should state clearly that the notification is provided for information only and without the responsibility oif the advising bank.
• If a bank uses the services of an advising bank to have the Credit advised to the beneficiary, it must also use the services of the same bank for advising an amendment(s).
• On shipment , the exporter presents the shipping documents to his advising bank(or the negotiating bank)with the request for payment in accordance with the payment terms.
• Negotiation under this Credit is restricted to advising bank.
• If this LC is negotiated by a bank other than the advising bank the negotiating bank is to certify on covering schedule that advising bank charges are paid.
• That is a paradoxical decision, said Menachem Feder, a Tel Aviv lawyer who is advising bank Tefahot on mortgage security.
• In advising banks against charging excessively high lending rates, the central bank asked them to review their current cost-plus formula of fixing lending rates.