Available with any bank

Shahed · Post by **Shahed** » Tue Mar 15, 2011 12:00 am

When a L/C is available with any bank by negotiation, does it means any bank in any country ?

Shahed

DanielD · Post by **DanielD** » Wed Mar 16, 2011 12:00 am

I think so. Thus, it is advisable to be specific such as "any bank in Switzerland", "any bank in Geneva".
Regards

Daniel

JudithAutié · Post by **JudithAutié** » Thu Mar 17, 2011 12:00 am

what about 31D : date and place of validity ?
If the credit were available by any bank and negotiation, but the place of validity is Switzerland, than I would understand it is available there, but not in Brazil, for example.

Judith

Shahed · Post by **Shahed** » Fri Mar 18, 2011 12:00 am

Place of expiry is "at Negotiating Bank's counter"

GlennRansier_ · Post by **GlennRansier_** » Fri Mar 18, 2011 12:00 am

Any bank is any bank in any country.