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by HGSridhar
Wed Jul 04, 2018 4:19 pm
Forum: UCP 600
Topic: If X Bank in country Y has added confirmation under Export
Replies: 0
Views: 5194

If X Bank in country Y has added confirmation under Export

Since the LC is restricted to both the restricted bank and also available with any bank in that country, as a confirming bank for this LC, having incurred its deferred payment undertaking, should the bank X seek specific authorisation from the Issuing bank or as per Article 8 a , c , confirming bank...