Search found 2 matches
- Tue Sep 12, 2006 1:00 am
- Forum: UCP 500
- Topic: Expiry of a Standby L/C
- Replies: 4
- Views: 3031
Expiry of a Standby L/C
Hi Everyone, We currently have an Export Standby Letter of Credit that had an Expiry Date of XX with a clause that states documentation must be received by the Issuing Bank no later than XX+21 days. We have subsequently received an amendment on XXXX extending the Expiry Date until YY with latest rec...
- Fri Jul 07, 2006 1:00 am
- Forum: UCP 500
- Topic: L/C AMENDMENT
- Replies: 5
- Views: 3340
L/C AMENDMENT
1. If an amendment to an L/C has been issued and documents are presented as per original L/C disregarding the amendment, does that make the documents discrepant? For example, L/C goods description is LAMB PELT, then an amendment stating goods to be amended to now read as COW HIDE. If amendment has n...