“KOREAN – STYLE” CONFIRMED LETTERS OF CREDIT For your information about the practice of adding confirmation to L/Cs at KEB, please find attached below Mr. Old Man’s discussion with Thomas Soong from KEB. Hope it’s informative and useful. ——– Dear Huu Duc, At present, when we confirm an LC, we have a side agreement with the beneficiary to enable us to exercise recourse if payment is not … Read More
Bill of Lading Blank Endorsed by the Shipper but Subsequently Endorsed by the Presenting Bank: Is It LC Compliant?
Bill of Lading Blank Endorsed by the Shipper but Subsequently Endorsed by the Presenting Bank: Is It LC Compliant?