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16:41 Nov 8, 2007
Chinese to English translations [PRO] Bus/Financial - Finance (general) / trade financing
Chinese term or phrase:沒法理解
Looked at this paragraph for hours, the first half (3 verses) of this paragraph does not make much sense to me; could someone simplify or re-phrase that part of the paragraph?
Thank you in advance!
Matching bills under L/C fulfilling the prior requirements, discrepant bills under L/C, or collection bills may be presented to the credit institution for commercial credit. The foregoing instruments are eligible for documentary credit lines upon approval. The international banking unit must handle the documentary credit as per the line approval conditions of revolving or lump sum credit set by the corporate banking unit.