INSURANCE POLICY VS INSURANCE CERTIFICATE QUERY FROM YOYO KENSHIN I'm still a little confused. Is that Insurance policy an agreement between 2 sides with proper terms and conditions while Insurance Certificate is just a letter or a document that informs the insurance is now available? ———————— COMMENT FROM MR. OLD MAN Dear Yoyo Kenshin, Thanks for asking Mr. Old Man. The insurance policy may be … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?