The Confirming Bank receives documents on Friday 02 April and finds them to be in order on 05 April. Tenor is 30 days after the bill of lading date. The bill of lading is dated 01 April, and the Confirming Bank agrees to pay the beneficiary immediately. On what date would the Confirming Bank expect to receive funds from the Issuing Bank? (There are no bank holidays and Saturdays and Sundays are not banking days.)

  (1)( )05 April  (2)( )12 April

  (3)( )30 April  (4)( )03 May