【答案解析】
① Appling for Collection and Presenting Documents : The principal (exporter) applies to the remitting bank for collection by D?P at sight and presents the relevant documents accompanied by sight draft to the remitting bank.
② Sending Collection Instructions and Documents: The remitting bank sends file collection instructions accompanied by the relevant documents to the collecting bank.
③ Presenting Documents: The collecting bank presents the relevant documents accompanied with the sight draft to the payer (importer).
④ Making Payment: The payer makes payment.
⑤ Delivering Documents: The collecting bank delivers the documents to the importer against the payment.