如上所述,信用证项下的偿付责任不以开证行收到单据为条件,而是以相符交单提交到指定银行为条件。
The reimbursement obligation under a credit, as outlined above, is not subject to the receiving of documents by the issuing bank, but only to a compliant presentation being made to the nominated bank.
开证行用自身可靠的银行信用取代买方的商业信用,承担信用证项下第一性付款责任,构成了信用证制度存在的基础。
Issuing bank substituting the buyer's commercial credit for reliable bank credit itself, and undertaking the first-payment liability, has constituted the foundation of letter of credit system.
如果信用证规定费用由受益人负担,而该费用未能收取或从信用证款项中扣除,开证行依然承担支付此费用的责任。
If a credit states that charges are for the account of the beneficiary and charges cannot be collected or deducted from proceeds, the issuing bank remains liable for payment of charges.
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