When an advising bank has accepted a Time/Usance draft under an advised documentary credit, they are responsible for effecting payment at maturity when:

  (1)( ) they have received funds from the Issuing Bank.

  (2)( ) they have received funds from the Reimbursing Bank.

  (3)( ) the draft is verified by the applicant.

  (4)( ) the draft is presented by the beneficiary.