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Home Tag Archives: Cancellation fees

Tag Archives: Cancellation fees

CANCELLATION FEES

By Mr Old Man
March 7, 2010
in :  Mr Old Man, Q&A
0
3,437

QUESTION Dear Mr. Old Man, LC issued ABC Bank states that amendment and confirmation fees are for account of the beneficiary. Some days ago we received from ABC Bank a request for cancellation of the LC and a claim for USD230.00 being their cancelation fees and cable charges. We advised the beneficiary of the same but the beneficiary confirmed having …

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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...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

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

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