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Home Tag Archives: amendment to change the beneficiary

Tag Archives: amendment to change the beneficiary

AMENDMENT TO CHANGE THE BENEFICIARY

By Mr Old Man
October 2, 2018
in :  Mr Old Man, Q&A
3
6,925

QUESTION Hi Mr. Old Man, We need your advice on the following issue: We issued an LC in favour of Beneficiary B. The applicant requests us to issue an amendment to change Beneficiary B into Beneficiary C. Can we issue such an amendment? Is the presentation made by the new beneficiary that complies with the LC deemed to be the …

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