大银行的电脑模式和信用评级机构极其严重地误估了这些靠按揭支撑的非公开证券。
Esoteric securities backed by these mortgages were grossly mis-valued by the computer models of big Banks and credit rating agencies.
开证行以外的所有银行费用由受益人承担。
All banking charges outside of opening bank are for beneficiary's account.
受益人在任何情况下，不得利用银行之间或申请人与开证行之间的契约关系。
A beneficiary can in no case avail itself of the contractual relationships existing between Banks or between the applicant and the issuing bank.
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