Am I right to understand that LC was issued available by acceptance of usance drafts drawn on IB? In my view since the Nominated bank negotiated the docs + drafts on fixed terms the amendment of maturity of the draft must be accepted by it solely (i.e. bene's consent is not required) Would be very i...

Dear, Kim Thanks, you‘ve removed my doubts to some extent. I do agree with you that instruction must be clear and precise and I think the closer to UCP / rules the better. But in our case the info in the box 'Requested Flight/Date' (But not ‘For carrier use only’) contained the flight no. and date '...

Dear colleagues, we would be very grateful for your opinion on the following matter: L/C called for AWB bearing the flight stamp. Period for presentation: 21 days after the date of shipment. Beneficiary presented AWB showing two stamps bearing identical data but showing two different dates of 2006/1...

LC calls for presentation (among other documents) of Bill of Lading covering shipment from AAA Port to BBB Port, Marine Cargo Insurance Policy for 110 % of invoice value, covering all risks. Documents presented: +Bill of Lading covering shipment from AAA Port to BBB Port, bearing notation ‘goods are...