WHERE BL IS REQUIRED TO SHOW BOTH APPLICANT AND ISSUING BANK AS CONSIGNEE QUESTION Dear Mr. Oldman, Good day, I’m Stefan a banker from Switzerland who just entered the beautiful world of L/C’s. I want to also add that I’m a big fan of yours and I often check your blog when I look for “answers”. I’m contacting you because I have a very interesting case of study: We (advising/negotiating bank), received an … Read More
When the LC beneficiary is a “sister company” in Singapore: How can Bank V remain the presenting bank?
When the LC beneficiary is a “sister company” in Singapore: How can Bank V remain the presenting bank?