
            <p>
          </p><ul>


<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">This field specifies the party on behalf of which the documentary credit is being issued.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">Applicant means the party on whose request the credit is issued.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">A credit must not be issued available by a draft drawn on the applicant.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">A bank utilizing the services of another bank for the purpose of giving effect to the instructions of the applicant does so for the account and at the risk of the applicant.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">The applicant shall be bound by and liable to indemnify a bank against all obligations and responsibilities imposed by foreign laws and usages.</font></li>

</ul>

        <p></p>
        <h3>Sample Field 50: Applicant  </h3>
       <br><br>

           