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WHETHER AN SBLC CAN BE ADVISED TO THE BENEFICIARY IN CARE OF ANOTHER COMPANY

By Mr Old Man
February 4, 2021
in :  Mr Old Man, Q&A
1
3,063

QUESTION Dear Mr. Old Man, Greetings from Istanbul City – Turkey, I have 2 questions and need your “help please”, Question 1: Our company registered at UK-London and Buyer company located in Dubai, but because of Coronavirus we do not go back to London and work from here Istanbul home based. Buyer bank has correspondent bank account at Commerzbank and …

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UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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March 8, 2010

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Mr Old Man: 1/ Yes. A finance company can act as a remitting bank under a documentary collec...

Yao zu: Can remitting bank be a finance company? Can collecting bank make payment using...

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

Kathryn: Dear Mr. Old Man, May I seek your opinion on the following scenario? If goods ar...

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