Search found 2 matches
- Fri Dec 10, 2010 12:00 am
- Forum: UCP 600
- Topic: PRESENT DIRECTLY TO ISSUING BANK
- Replies: 9
- Views: 5720
PRESENT DIRECTLY TO ISSUING BANK
what is your reason for including such a request in your l/c's?
- Fri Oct 30, 2009 12:00 am
- Forum: UCP 600
- Topic: discounting confirmed standby l/c
- Replies: 5
- Views: 3291
discounting confirmed standby l/c
we added our confirmation to a standby l/c that has a validity of 360 days. Drawing documents : statement from bene that applicant has defaulted under a certain contract. Bene asked us to discount immediately upon receipt of the l/c, giving us an undated claim document. I refuse, stating he can not ...