Search found 2 matches
- Fri Mar 21, 2014 12:00 am
- Forum: UCP 600
- Topic: request recall of negotiation after acceptance?
- Replies: 2
- Views: 3545
request recall of negotiation after acceptance?
If an L/C issuing bank sends an advice of acceptance to the negotiating bank advising due date, and the negotiating bank then wishes to recall the documents (without reason), what do you believe are the issuing banks responsibilities around returning documents?
- Tue Jun 18, 2013 1:00 am
- Forum: UCP 600
- Topic: Early Presentation
- Replies: 1
- Views: 1734
Early Presentation
This has stirred a debate among our team. Field 48 of l/c states '21 days after shipment but in any event within the validity of the l/c' . Discrepancy has been noted - Early presentation. . I do not agree with this on the basis that field 48 is a defined SWIFT field which identifies this as the per...