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CAN THE APPLICANT CHANGE THE BENEFICIARY’S ADDRESS AS PER THE BENEFICIARY’S STAMP ON THE PROFORMA INVOICE?

By Mr Old Man
February 14, 2025
in :  Mr Old Man, Payment, Q&A
0
315

Can the Applicant Change the Beneficiary’s Address Based on a Stamp on the Proforma Invoice? In day-to-day LC practice, small details such as names and addresses often cause uncertainty. A common question is whether the applicant may adjust the beneficiary’s address when issuing the LC, especially when documents like a proforma invoice show slightly different versions of the address. The …

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Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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