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Home Tag Archives: different addresses

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When Does Additional Information Become Conflicting Data Under UCP 600?

By Mr Old Man
3 weeks ago
in :  Mr Old Man, Payment, Q&A
0
77

A reader raised an interesting follow-up question after my previous Q&A on contact names and addresses in letters of credit. If a document shows an address or contact name that differs from the credit, can it simply be regarded as additional information? Or does it become conflicting data that gives rise to a discrepancy? The distinction is subtle but important. …

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Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?

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