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A trading company of China sold rice to a Japanese Company in June 2006 and the payment was to be ma

de by sight L/C. The total amount of goods was USD65000. The issuing bank of credit overseas designated a bank in China as the advising bank, confirming bank and negotiating bank. After the seller dispatched the goods in November 2006 , he presented the full set of documents including the L/C to the negotiating bank for negotiation. The negotiating bank checked the documents and then sent to the seller a notice indicating that the bank would make payment recently, but the seller had not received the money for a long time.

In December 2007, the negotiating bank advised the seller that the issuing bank dishonored the L/C for the documents were not in accordance with the terms of L/C.

Question: Could the seller get the payment? Why and how?

(Translate the case into Chinese and then answer the question)

Helpful hint : The case is mainly about confirmed L/C.

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