let me explain that there is no term in ucp 500 called (stale),but we have the term late presentation,which some d/c users have confusions about it. we also use (Ls/c)for the plural of l/c and not LCs . as the right is letters of credit and not letter of credits. concerning the A/M issue, i repeat,i...

when the l/c is transferred on the issuing bankcounter from the 1st. beneficiary to the 2nd. this means that advising bank is now familiar with the 2nd. beneficiary and can can transfer the l/c and negotiate docs. on that ground, so i dont find any reason for accepting a third party docs., i also ad...

with respesct to mr. tolee opinion,there is no need here to stop applying art. 43 of ucp, as this art. appies only when the l/c does not stipulate a specified period of time after the date of shipment during which presentation must be made in compliance with credit terms, so we just need here to sti...