【简答题】On issuance of an L/C, the issuing bank requested the advising bank to add its confirmation. The confirmation charges were on beneficiary's account. The confirming bank advised and confirmed the credi...
【单选题】The issuing bank wants to cancel a letter of credit before it has been advised to the beneficiary by the advising bank. What is the option available to the issuing bank?
A.
The issuing bank may cancel the L/C anytime.
B.
The issuing bank should seek permission from the advising bank.
C.
The issuing bank must recall the L/C from the advising bank.
D.
The issuing bank must obtain the consent of the beneficiary.