27. Who is the drawee?
Mr. Chao Wang, Dragon Corporation The above order is now on board the Arirang, sailing for Shanghai tomorrow, arriving on Thursday. As there was no time to check references, we drew a sight draft for the total amount of USD4,150,000. This was sent to Bank of China and will be presented to you for payment. If you can supply two business references before your next order, we will put the transaction on a documents against acceptance basis with 30 days credit drawn on you. Best wishes, Peter Han HN Global
- 1Dragon Corporation
- 2HN Global
- 3Bank of China
- 4Arirang
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