Also known as Issuing Bank. The Bank that opens a documentary credit at the request of its customer, the applicant.
See Issuing Bank.
Another name for the Issuing bank in a letter of credit.
A letter of credit term denoting a bank which establishes a letter of credit. Compare "Issuing Bank."
A bank which issues a Letter of Credit on behalf of a customer or Applicant. Also known as the Issuing Bank.