Who Is Going To Pay The Bank B For The MT 710 Issuing?

[ANGE]

Let's take the case of a L/C issued and advised through a second advising bank. In that case issuing bank (A) will open the L/C in sending a MT 700 the first advising bank (B) and the first advising bank will send a MT 710 to the second advising bank (C) which will advise beneficiary. So notifying commissions will be invoiced by C to beneficiary (this notifying commission often is around 1per mille). Who is going to pay the bank B for the MT 710 issuing? What will be the cost of the intervention of bank B?

[picant]

Hi Pal,

IMHO, this is not a second advising bank, is the advising bank.
Commissions must be divided, i.e, 2/3 to the first receiver and 1/3 to the advising bank.
Other comments appreciated
Ciao