issuing bank - a bank which has been given the authority by applicant of a documentary credit to issue such a credit in favour of a named beneficiary. It is that bank's responsibility to examine the documents and ensure that they comply with the terms and conditions of the credit before payment is finally made, issuing house - a financial institution that specialises in obtaining capital for clients. They are also involved in 'placing shares', 'offers for sale' and the sale of stocks ans shares to the public by issue of a prospectus. They will also be involved in seeking quotation from the Stock Exchange for their clients. Many issuing houses are considered as merchant banks, while in the USA they are described as investment banks, pank, millel on õigus lasta käibele pangatähti, emiteerida raha, banque investie des fonctions d'émission de la monnaie et de modulation directe ou indirecte de la quantité et du cout du crédit dans le cadre national