Which of the Following Correctly States the Role of Banks

Multiple Choice

Which of the following correctly states the role of banks in import\export transactions involving a letter of credit (L\C) ?

A) The importer's bank is the advising and\or confirming bank;the exporter's bank is the issuing bank.
B) The exporter's bank is the advising and\or confirming bank;the importer's bank is the issuing bank.
C) The exporter's bank is the advising,confirming,and issuing bank.
D) The importer's bank is the advising,confirming,and issuing bank.
E) none of the above