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- Tue Feb 05, 2002 12:00 am
- Forum: UCP 500
- Topic: L/C Wording
- Replies: 11
- Views: 5943
L/C Wording
The following phrase appears on a letter of credit issued by a Mexican bank: "..as to matters not governed by UCP 500, shall be governed by and construed in accordance with the laws of the Mexican United States." Has this wording concerned other banks? What about legal ramifications if the...