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

Monolingual examples (not verified by PONS Editors)

English
The advising bank is usually located in the beneficiary's country.
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Abruptly issuing such circulars, advising bank against established practices only harms the sentiments and disrupts business plans.
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The advising bank is not necessarily responsible for the payment of the credit which it advises the beneficiary of.
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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.
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Important point is the beneficiary has to be comfortable with the advising bank.
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