MT700- pls confirm who is the issuing bank-

General questions regarding UCP 600
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ATIFM
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Joined: Fri Apr 05, 2019 5:15 pm

MT700- pls confirm who is the issuing bank-

Post by ATIFM » Sat Apr 07, 2007 1:00 am

Dear All
We have receiived a swift LC issued vide FIN700 by ABC Bank , under fiield 51A of the LC, applicant bank is mentioned as XYZ bank
The issue is whom shall we treat as issuing bank of the credit.
We have received a message from ABC bank stating that they are the issuing bank of the credit
Pls guide
Thanks
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