Search found 2 matches

by ShahidRizvi
Sat Nov 06, 2010 12:00 am
Forum: UCP 600
Topic: Pre-advice Article 11 of UCP 600
Replies: 2
Views: 1919

Pre-advice Article 11 of UCP 600

i have the following questions on pre advice 1) Can the issuer cancel the pre-advice LC after issuance without consent from the beneficiary? 2) Can the bank add confirmation on pre advice LC? 3) As per UCP 600 there is no max period defined for issuance of full LC after pre-advice except mentioning ...
by ShahidRizvi
Wed Mar 31, 2010 1:00 am
Forum: UCP 600
Topic: Discounting Under LC
Replies: 9
Views: 5479

Discounting Under LC

What is the difference b/w negotiation and discounting?