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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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Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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