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    Can a Bank Accept a Counter-Guarantee Issued by an Insurance Company?

    Additional Costs and Unit Price Adjustments Under an L/C

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Home Tag Archives: credits v. contracts

Tag Archives: credits v. contracts

LETTERS OF CREDIT V. CONTRACTS

By Mr Old Man
February 12, 2025
in :  Mr Old Man, Payment, Q&A
0
311

QUESTION Dear Sir, As always, your help is really appreciated. Need your expert opinion on the scenario below: There is a change in the unit price of a product in the presented original documents which is more/less than the actual price mentioned in the Letter of credit. However, the Proforma invoice indicates that the rate could change on the basis …

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

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...

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