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Home Tag Archives: Exclusion of sub-article 12b

Tag Archives: Exclusion of sub-article 12b

WHAT IS THE IMPACT OF EXCLUSION OF UCP 600 SUB-ARTICLE 12b?

By Mr Old Man
March 17, 2025
in :  Mr Old Man, Payment, Q&A
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QUESTION Dear Mr. Old Man, I hope my email finds you doing well I would ask you if the issuing bank wish to exclude article 12 b by credit what is the impact and scenario in this case. Thanks for your reply in advance Regards Firas —- ANSWER Hi, UCP 600 Sub-article 12(b) states that when an issuing bank nominates …

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Mr Old Man: Dear Kathryn, Thank you for your interesting question. First, banks do not conce...

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Monkey Mountain Challenge 2025 negotiation Documents lost in transit Amendment On board notation SBLC non-documentary conditions CPBL Court Injunction DRAFTS Late presentation Surrendered bill of lading any chinese port expiry-date lc-expired place-of-expiry lc-availability Revolving LC Where the applicant goes bankrupt Where 1/3 BL is to be sent directly to the issuing Insurance document Disposal of docs invoice beneficiarys-name Tà Lang

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