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Therefore, the payment to the bank letter of credit is independent of the person requesting the opening of L / C. ie whether the person requesting the opening of L / C with bankruptcy, loss of ability to pay or even when the beneficiary breach of contract, the bank has to pay for the value of the paintings L / C, if beneficiary to present documents on time and fully meet the conditions specified in the L / C. In this case, the issuing bank will pay VCB company Honda, according to the L / C, docong Honda has done right and complete the conditions of L / C
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