MULTI-BENEFICIARY CREDIT QUERYMulti-Beneficiary Letter of Credit Daniel D – Switzerland Dear all,Would you be willing or reluctant to open a DC in favour of several beneficiaries in light of art. 1 (modified) and art. 3 (singular, plural)Daniel —————COMMENTS JSMITH – United Kingdom Daniel, the provisions of UCP600 would not affect my willingness to issue a credit (more likely a standby) in favour … Read More
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?
Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?