Hi to all, Nominating bank send discrepant documents for approval to issuing bank due to overdrawn amount. (Invoice amount exceeded L/C amount) Issuing bank accepted documents and effect payment for L/C amount only according to art.18b UCP600. . Now, I'd like to hear your opinions. Is this a common ...

Hi,
N.H.Duc, thanks for your reply and sorry Jeremy if I was not clear enough; we were indeed second advising bank only(not bank of second beneficiary).
Mojca

Hello all, I would like to hear your opinion regarding the following: We (as a 2nd dvising/beneficiary's bank) received LC issued by a Columbian Bank and advised to us through another European bank, which added their confirmation to LC, subject to presentation of complying documents to their counter...

Hello everybody, I've recently met with some L/C's quoting delivery terms EXW(beneficiary's factory), but requesting transport document(CMR resp.B/L) for presentation. In case of shipment by truck I do not see any particular trouble for beneficiary to obtain CMR, but in the case of shipment by vesse...

Dear Bruce and others,
I(as non native English speaker) support opinion that description of goods differs(ie.discrepancy is valid).

Hello Tanja and others,
My personal opinion is that issuance date of CMR is to be considered as shipment date.
(Pls compare this issue with point 151 ISBP publication (AWB).
But let's wait until ICC decide.
Nice day to all