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by kennetht
Thu Jul 26, 2001 1:00 am
Forum: UCP 500
Topic: Adding Confirmation to LC
Replies: 1
Views: 1650

Adding Confirmation to LC

If a bank adds its confirmation to an LC, which terms, among others, provides that if original documents could not be presented, then in substitution of such originals, a copy of letter of indemnity form of which is given in the LC may be presented. The form of letter of indemnity is issued by the b...