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Home Tag Archives: Field 47A

Tag Archives: Field 47A

Field 46A vs. 47A in LCs: Are All Documents Treated Equally?

By Mr Old Man
June 29, 2025
in :  Mr Old Man, Payment, Q&A
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QUESTION Dear Mr. Old Man, I’ve heard of your name for years and now would like to trouble you with a question, hoping you might spare a moment for some expert advice. Are documents required under fields 46A and 47A of an LC treated equally? For example: The issuing bank and applicant agree to state the requirement for a Phytosanitary …

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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...

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Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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