AMENDMENT TO LC THAT HAS EXPIRED QUERY FROM GLADExpiry Date Hi All I have already submitted this topic but I have not received any reply yet. So I am forwarding it again. If an lc has expired some 6 months back and have not been utilized or partly utilized and applicant wishes to amend the shipment and expiry date. Can the issuing bank amend this lc … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?