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    Thought Only Mr. Old Man Was Superstitious… Turns Out Argentina Is Even More So!

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3 New Articles
  • 31 minutes ago Slot Carrier vs. Actual Carrier on a Bill of Lading – Is It a Discrepancy Under UCP 600?
  • 37 minutes ago Insurance Cover Exceeding the LC Requirement – Is ICC (A) Acceptable When the Credit Requires Marine Risks or ICC (C)?
  • 39 minutes ago Increasing an LC Amount – Is a Revised Proforma Invoice Required?
Home Tag Archives: Amendment to increase LC amount

Tag Archives: Amendment to increase LC amount

Increasing an LC Amount – Is a Revised Proforma Invoice Required?

By Mr Old Man
39 minutes ago
in :  Mr Old Man, Payment, Q&A
0
2

Introduction When an applicant requests an amendment to increase the value of a documentary credit, banks often require supporting commercial documents to justify the amendment. But what if the beneficiary refuses to issue a revised proforma invoice or to indicate that the invoice has been revised? Is the issuing bank still able to process the amendment? The following Q&A discusses …

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Slot Carrier vs. Actual Carrier on a Bill of Lading – Is It a Discrepancy Under UCP 600?

Mr Old Man
31 minutes ago

Insurance Cover Exceeding the LC Requirement – Is ICC (A) Acceptable When the Credit Requires Marine Risks or ICC (C)?

Mr Old Man
37 minutes ago

Increasing an LC Amount – Is a Revised Proforma Invoice Required?

Mr Old Man
39 minutes ago

Can a Transferred Letter of Credit Have a Shorter Usance Period Than the Original Credit?

Mr Old Man
43 minutes ago
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UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

Mr Old Man
March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

Mr Old Man
March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

Slot Carrier vs. Actual Carrier on a Bill of Lading – Is It a Discrepancy Under UCP 600?

Mr Old Man
31 minutes ago

Insurance Cover Exceeding the LC Requirement – Is ICC (A) Acceptable When the Credit Requires Marine Risks or ICC (C)?

Mr Old Man
37 minutes ago

Increasing an LC Amount – Is a Revised Proforma Invoice Required?

Mr Old Man
39 minutes ago

Can a Transferred Letter of Credit Have a Shorter Usance Period Than the Original Credit?

Mr Old Man
43 minutes ago

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

Mr Old Man: https://vlex.co.uk/vid/banco-santander-sa-v-804497513...

Khandakar Ali Akbar: Hello Sir, Hope you're doing well. Can you share court case (in details) between...

Pieter Muus: Dear Mr. Old Man, please allow me to seek your guidance in the matter of nominat...

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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