COUNTRY NAME???

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1. 

   thuyhangnd87

   July 18, 2012 at 6:07 pm

   ADVISING LC PROBLEMDear Mr. Old Man,Hope you are doing well at your end. I am writing to drawn your attention about an issue related to LC advising bank, hopefully, you would not mind giving some of your valuable advices on this issue.0n 28/06/12, Techcombank issued an at sight LC nominating advising bank as HSBC Honduras. Due to no direct swift relationship with HSBC Honduras, Techcombank advised this LC via Citibank Honduras so that Citibank Honduras can advise this LC to HSBC Honduras. However, till now (18/07/12), no feedback from Citibank Honduras. On 11/07/12, Techcombank sent reminder message to Citibank Honduras checking if Citibank has received this LC or not. HSBC Honduras also sent swift message to Citibank on the same, totally no reply so far.In this case, what is the best solution to get LC advised to HSBC Honduras in soonest?Both application & beneficiary consider requesting Techcombank to advise this LC via HSBC Hongkong (which has direct swift relationship with Techcombank & HSBC Honduras)instead of Citibank. However, Techcombank informed that only when Citibank send swift message to Techcombank confirming no receipt of mentioned LC so far, otherwise, Techcombank cannot divert this LC to HSBC Hongkong.Please advise whether what Techcombank advised is the right banking procedure or not?If yes, in your opinions, what is the best solution because we are afraid that it will take long time to wait for Citibank's feedback whereas shipment period shall be over soon.Look forward for your comments.Thanks & Best regards,Daisy

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