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Home Tag Archives: d/p collection

Tag Archives: d/p collection

D/P COLLECTION

By Mr Old Man
October 11, 2018
in :  Mr Old Man, Q&A
0
3,947

QUESTION Sir, I want to know, if the documents on DP term are sent with clear instruction to release only against Payment. If the collecting bank has released all shipping documents along with endorsed in favor of consignee without collecting payment (good faith), what are the obligations and responsibilities of the collecting bank ? Can the remitting bank claim from …

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