Extension of Confirmation of Standby LC
Posted: Fri Feb 09, 2018 9:26 pm
Hello everybody,
Can I have your thoghts on the following scenario.
L/C contained evergreen clause renewing, without amendment, year after year.
Confirming bank initially confirmed the L/C with the same terms, i.e. year after year.
Now they have
Can I have your thoghts on the following scenario.
L/C contained evergreen clause renewing, without amendment, year after year.
Confirming bank initially confirmed the L/C with the same terms, i.e. year after year.
Now they have