LINKAGE QUERY FROM JEDDocument not indicating any reference Dear all friends, May I have your clear clarification about "LINKAGE" between documents presented under L/C subject to UCP 600. Query) L/C required presentation of Packing List. Beneficiary presented Packing List in which all data are not conflict with data in that document, any other documents presented or the L/C. However, the Packing … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?