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Translations for „advising bank“ in the English » German Dictionary (Go to German » English)

ad·ˈvis·ing bank N FIN

advising bank N INV-FIN

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
The advising bank is not necessarily responsible for the payment of the credit which it advises the beneficiary of.
en.wikipedia.org
Important point is the beneficiary has to be comfortable with the advising bank.
en.wikipedia.org
Abruptly issuing such circulars, advising bank against established practices only harms the sentiments and disrupts business plans.
www.firstpost.com
The advising bank is usually located in the beneficiary's country.
en.wikipedia.org
In case (2), the beneficiary can request the applicant to specify his/her bank (the beneficiary's bank) as the advising bank in an L/C application.
en.wikipedia.org

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