If the issuing bank does not pay the draft, the negotiating bank has recourse to the beneficiary.
If the issuing bank does not pay the draft, the negotiating bank has recourse to the beneficiary.
开证行若不付款，议付行可向受益人行使追索权。
If the issuing bank does not pay the draft, the negotiating bank has recourse to the beneficiary.
开证行若不付款，议付行可向受益人行使追索权。