Hi,
As a matter of fact I'm talking about the second ones, and it’s for oil purposes, after I put the posting in DC Pro I have been in contact with my colleagues in Spain and they were able to help me in these matter. Thank you

We have been approached by one of our client to issue an Uncapped LC. I’m trying to get some information about this type of LC and the risk that they represent but I haven’t been successful on this research, I now that they are forbidden by law in the United States. Do you have any information or ex...

I would like to have your opinion on the following topic: The Bank has purchased the portfolio of a Bank that is closing operations in our country and among them are several Stand By LC's I would like to know if it is necessary that we obtain the consent or agreement of the aplicant in order to mana...

Is the advising bank responsible to pay at due date of a draft to beneficiary eventhough it has not received funds? Or may he pay at receipt of funds from the acceptant bank one or two days after maturity?