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early presentation
Posted: Tue Mar 03, 2009 12:00 am
by THI THUY MYT_
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
Posted: Wed Mar 04, 2009 12:00 am
by ThuHoangAnh_
Dear Thuy,
It looks like what you think but not always so.
Best regards,
N.H.Duc
early presentation
Posted: Wed Oct 20, 2010 1:00 am
by THI THUY MYT_
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