I agree with everything stated. But I also wonder the legality, under the various bills of exchange acts or laws around the world, of putting only a SWIFT/BIC and not a full company name. Anyway, just thought I'd throw that in. At the end of the day if the advising bank gives a customer an L/C with ...

If the L/C was a SWIFT L/C, it is a technical problem with whoever is the printer of the Original instrument (either yourselves or another advising bank). Most SWIFT interfaces translate the SWIFT/BIC into a full bank name before it prints. Suggest you check with your SWIFT/telex department if it wa...