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72. According to the definition in article 2 of UCP 600, negotiation means the nominated bank ...a) Receiving the documents. reviewing them for compliance and sending them to the issuing bank for Settlementb) Receiving the documents. reviewing them for compliance, advancing funds to the beneficiary and sending them to the issuing bank for reimbursementc) Receiving the documents.reviewing them for compliance, advancing or agreeing toadvance funds to the beneficiary and sending them to the issuing bank for reimbursement.
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