WHETHER A NOMINATED BANK CAN NEGOTIATE DRAFTS DRAWN ON ITSELF QUESTION Dear Mr. Old Man, You are kindly requested to explain to me paragraph B10 ISBP 745, which says: “When a credit is available by negotiation with a nominated bank or any bank, the draft is to be drawn on a bank other than the nominated bank”. I understand if the LC is available with a nominated bank, e.g., Bank … Read More