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Home Tag Archives: checking the LC terms and conditions

Tag Archives: checking the LC terms and conditions

Should an Advising Bank Go Beyond Its UCP 600 Obligations?

By Mr Old Man
4 hours ago
in :  Mr Old Man, Payment, Q&A
0
6

The role of an advising bank under UCP 600 is relatively straightforward: verify the apparent authenticity of the credit and accurately advise its terms to the beneficiary. But should an advising bank go further and alert its customer to ambiguous, impractical, or potentially troublesome conditions in the credit? A reader recently raised this interesting question. Question Interesting post. I would …

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Thảo mai nghĩa là gì?

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Should an Advising Bank Go Beyond Its UCP 600 Obligations?

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ĐÀO LỬA QUỐC TẾ

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Lost Documents in Transit: Is the Old Practice of Sending Two Mailings Still Relevant?

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