Who is responsible for the payment of the bill in a documentary credit

The importer is responsible for the payment of the bill in a documentary credit. A documentary credit, also known as a letter of credit, is a payment mechanism used in international trade to ensure that the exporter will receive payment for goods shipped to the importer. In a documentary credit, the importer's bank agrees to pay the exporter a specified amount of money once the exporter presents certain documents, such as a bill of lading or an invoice, that confirm the shipment of goods. The importer is ultimately responsible for reimbursing their bank for the payment made to the exporter.