Search found 1 match
- Fri Nov 09, 2001 12:00 am
- Forum: UCP 500
- Topic: Amendment; - Confirming Bank's obligation to the Beneficiar
- Replies: 6
- Views: 3774
Amendment; - Confirming Bank's obligation to the Beneficiar
Does the Confirming Bank have an obligation to the Beneficiary, to Advise accurately, the Amendment instructions received from the Issuing Bank? Whilst the principle of "reasonable care" is established within Article 7, does this principle extend beyond checking "the apparent authenti...