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  • 4 hours ago Can an Air Waybill Cover Air and Inland Transport Under a Letter of Credit?
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Home Tag Archives: can-the-issuing-bank-refuse-to-issue-amendments

Tag Archives: can-the-issuing-bank-refuse-to-issue-amendments

CAN THE ISSUING BANK REFUSE TO ISSUE AMENDMENTS?

By Mr Old Man
March 7, 2010
in :  Uncategorized
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3,064

Shaik Mohammad's queryCan issuing bank rejects to issue an Amendment Hi DLC Experts need your help. Bene wanted to extend the LC expirty to one year. Bene asked applicant to issue an amendment for this. Applicant approaches issuing bank to issue an amendment, but issuing bank rejects to issue an amendment. Can issuing bank behave like this???? Can issuing bank …

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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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