(d) Automatically upon creation has priority, in accordance with its priority in the underlying receivable and in the proceeds from the drawing under an independent undertaking, over a security right made effective against third parties by registration.
d) Automáticamente al constituirse, tendrá prelación, conforme al grado de prelación que tenga con respecto al crédito por cobrar básico y al producto del cobro de la promesa independiente, frente a toda garantía real que surta efecto frente a terceros mediante inscripción registral.