R
Recourse
The right to claim a refund from another party which has handled a bill at an earlier stage．
Red Clause Credit
A credit with a clause which authorises the advising bank to make an advance payment to the beneficiary - see special DCs．
Reimbursing Bank
The bank nominated by the DC issuing bank that will pay the value of the DC to the negotiating/paying bank．
Remitting Bank
The exporter's bank in collection transactions， which remits the bill to the collecting bank．
The exporter's bank in DC transactions， which dispatches the documents to the issuing bank．
Retirement
The act of paying or settling an outstanding bill or import loan； i．e． payment by the importer to the Bank．
Revocable Credit
One that may be amended or cancelled without notice to the beneficiary．
Revolving Credit
A credit automatically reinstated after each drawing or upon receipt of authorisation from DC issuing bank， with limits as to the duration of the facility and as to the （cumulative or non-cumulative） amount involved for each drawing - see Special DCs．

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国际结算专用词汇8