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- 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...