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Home Tag Archives: Any safe port

Tag Archives: Any safe port

ANY SAFE PORT – LATE PRESENTATION – LC EXPIRED

By Mr Old Man
February 16, 2024
in :  Mr Old Man, Payment, Q&A
0
1,170

In real life, many discrepancies do not arise because the rules are unclear, but because the timeline in a credit is not carefully read. The short Q&A below illustrates two issues that appear quite often in practice: the meaning of “any safe port” and the relationship between the presentation period and the expiry date. QUESTION Good morning, Sir! An LC …

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Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

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