Which of the following statement is most appropriate as per UCP 600?

  (1)( ) A credit must not be issued available by draft drawn on the applicant.

  (2)( ) A credit may not be issued available by draft drawn on the applicant.

  (3)( ) A credit may be issued available by draft drawn on the applicant.

  (4)( ) A credit should be issued available by draft drawn on the applicant.