CAN AN ASSIGNEE CONTROL LC AMENDMENTS? A LOOK AT ARICLE 39 OF UCP 600 QUESTION Dear my expert friend “Old Man”, I have the following question: A beneficiary received a confirmed Letter of Credit issued by Bank A. The beneficiary assigned the proceeds to Bank B and subsequently requested Bank B to issue another Letter of Credit. Is Bank B entitled to require the beneficiary to waive their right to accept or reject … Read More