该信用证还保护了买方，因为他知道，只到有证据表明货物确已装运时银行才会要他付款。
The letter of credit also protects the buyer, for he knows that he will not be called upon for payment by his bank until the evidence shows that the shipment has actually been effected.
它是一种能够将参照资产的信用风险从信用保护的买方转移给信用保护卖方的金融合约。
It's mainly a financial contract, which can separate the credit risk from the reference assets and transfer it to the credit protection seller.
它是一种能够将参照资产的信用风险从信用保护的买方转移给信用保护卖方的金融合约。
It's mainly a financial contract, which can separate the credit risk from the reference assets and transfer it to the credit protection seller.
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