CHECKING OF COPIES OF DOCUMENTS QUERY From: Cuong Nguyen Thi Kim (SaiGon) To: Nguyen Huu Duc (DNG)Subject: Copy of Docs Dear Mr Old Man, TA582Rev – Unpublished has a detail says that: Article 23 UCP500 (Article 20 UCP600) clearly draws the conclusion that the establishment of the date of shipment and requirement for an original bill(s) of lading is linked It means Art.23 UCP500 (or … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?