Which of the Following Incorrectly States the Role of Banks

Multiple Choice

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

A) The exporter's bank is the advising and\or confirming bank.
B) The importer's bank is the advising and\or confirming bank.
C) The importer's bank is the advising,confirming,and issuing bank.
D) The exporter's bank is the advising,confirming,and issuing bank.
E) The importer's bank is neither advising nor confirming bank.