1 The advising bank checks the documents and pays under the terms of the credit
2 the advising bank checks the documents and pays under the terms of the credit
3 the advising bank forwards the documents to the issuing bank
4 the issuing bank checks the documents and reimburse the advising bank
5 the issuing bank debits the buyer's account
6 the issuing bank release the documents to the buyer
7 the buyer uses the documents to receive delivery of the goods