| 1 | Applicant's bank The financial institution which is requested to issue the documentary credit. |
| 2 | Issuing bank The financial institution which issues the documentary credit, if the applicant's bank is not acting as the issuing bank. |
| 3 | Beneficiary's bank The financial institution with which the beneficiary maintains an account. |
| 4 | Buyer The buyer is responsible for carrying out the instruction. |
| 5 | Seller The seller is responsible for carrying out the instruction. |
| 6 | Advise-through bank Identifies the financial institution through which the advising bank is to advise the documentary credit. |
| 7 | Advising bank Identifies the financial institution used by the issuing bank to advise the documentary credit. |
| 8 | Debtor's bank Identifies the bank from whom payment is due. |
| 9 | Ordered bank The financial institution with which the ordering party maintains an account. |