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Home Tag Archives: article 10(c)

Tag Archives: article 10(c)

An Unaccepted L/C Amendment: Can the Bank Refuse the Documents?

By Mr Old Man
45 minutes ago
in :  Mr Old Man, Payment, Q&A
0
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A Question Worth Discussing An amendment changes the applicant’s address, but the bill of lading still shows the original address as required by the original L/C. The confirming bank refuses the documents, citing UCP 600 sub-article 14(j). Is the bank right, or has it overlooked a fundamental principle governing the acceptance of amendments? Arun Ambar raises an interesting question about …

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An Unaccepted L/C Amendment: Can the Bank Refuse the Documents?

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45 minutes ago

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An Unaccepted L/C Amendment: Can the Bank Refuse the Documents?

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

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

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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