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Home Tag Archives: Discount a DPU

Tag Archives: Discount a DPU

DISCOUNTING A DPU INCURRED BY ISUING BANK

By Mr Old Man
August 13, 2024
in :  Mr Old Man, Q&A
0
582

  QUESTION Dear Mr. Old Man, I have a question regarding the situation where a non-nominated bank wants to prepay a DPU incurred by issuing bank as follows: . Bank C is the confirming bank of the LC issued by Bank I (Issuing Bank). The LC is available with Bank C by Deferred Payment. Bank C added its confirmation and …

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UCP 600 ARTICLES 30 AND 31

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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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