Hi Mr Duc
.
If we effect payment as you said, I think exporter will benefit from early presentation which they will be paid early instead of present on time.
early presentation
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THI THUY MYT_
- Posts: 49
- Joined: Fri Apr 05, 2019 5:15 pm
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ThuHoangAnh_
- Posts: 58
- Joined: Fri Apr 05, 2019 5:28 pm
early presentation
Dear Thuy,
It looks like what you think but not always so.
Best regards,
N.H.Duc
It looks like what you think but not always so.
Best regards,
N.H.Duc
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THI THUY MYT_
- Posts: 49
- Joined: Fri Apr 05, 2019 5:15 pm
early presentation
Dear sir,
As said in my previous post, "After 10 days from B/L, negotiating bank sent msg to state that the a/m docs presented as L/C required at this time and request us effect payment." and as a fair bank, I agree with opinions we must effect payment at that time.
In other case, if we have not received any message from negotiating bank, The a/m docs considered as comply with and we must effect payment at the time which presentation should do? Pls let me know your opinion?
thanks so much
AK
As said in my previous post, "After 10 days from B/L, negotiating bank sent msg to state that the a/m docs presented as L/C required at this time and request us effect payment." and as a fair bank, I agree with opinions we must effect payment at that time.
In other case, if we have not received any message from negotiating bank, The a/m docs considered as comply with and we must effect payment at the time which presentation should do? Pls let me know your opinion?
thanks so much
AK