Having moved activities starting from the 1st October let me wish to all of you a "D/C" pro-rata greetings :

H A P . Y N . W Y . A R

Roland

Thanks to all of you for your wishes. All the best for you too.
Again, with thanks
Roland

After 25 years of trade finance I'm now moving to another activity within the same bank, i.e. Banking Relations, which I like too. I would like to thank everybody for the exchange of ideas, support, fights, ....and the rest. In this world of constant move, I would say that the only regulars issues a...

Depend what has changed. Is it a rectification, changing the name of the reimbursing bank for ex., or is it an effective change, payable by deferred payment at 30 days instead of at sight for ex. If it falls under the second possibility I would like to see anywhere on the message the word "amen...

Dear Kim,
Thanks again,...........and I will not annoy anymore on subject since I do fully agree with your thinking. Unfortunately, famous cases have demonstrate that applying good sense has not always been the best way to the right solution.
Byeeeee
Roland

Dear Daniel and Kim, Thanks to both of you for those clarifications. Much probably we will adopt the wording proposed by Daniel indicating clearly that the document should apply to art. 19 or 20. Furthermore, point 44B, place of final destination, shown on issue 700 of a documentary credit should al...

Kim
Thank you very much and apologize for my confusion. My question was much more referred to your point 1, i.e. how should the document be named when opening the L/C when same should apply to art. 19
Sorry and thanks again
Roland

Both the articles are fine. However, how should the multimodal or combined transport document be indicated on the opening of the L/C ? Would the request of a multimodal transport document be enough, even without specifying in many exemplars same has to be presented since already mentioned in sub. ar...

to the participants, thanks to everybody for their participation. Now it's quite clear that only beneficiary may draw under the L/C. Maybe not formulated very clearly on my previous demand the draft must be drawn by beneficiary only. My question was however if draft must be issued by beneficiary onl...

Jeremy,
Under a presentation of documents under a credit bearing the clause "third party documents acceptable" an invoice issued by another beneficiary mentioned in the credit would be acceptable but not the draft ?
Roland