c. to accept a bill of exchange (“draft”) drawn by the beneficiary and pay at maturity if the credit is available by acceptance.

对于承兑信用证承兑由受益人出具的汇票并到期付款。

youdao

Another was to use foreign currency: the bank could lend, or accept a bill of exchange, in one currency and collect its debt in another, building a hidden rate of interest into the exchange rate.

另一个好处是他们可以利用外国货币。银行可以用一种货币借出汇票再用另一种货币来收债，暗中调高的汇率就成了银行自己的潜利润。

youdao

Another was to use foreign currency: the bank could lend, or accept a bill of exchange, in one currency and collect its debt in another, building a hidden rate of interest into the exchange rate.

ECONOMIST: Millennium issue: Banking