NO NEED TO CANCEL THE L/C BIMALSHRESTHA'S QUERYL/C EXPIRY DEAR L/C EXPERT, I,D LIKE TO KNOW WHAT WILL HAPPEN TO THE L/C IF THE BENEFICIARY PRESENTS L/C DOCUMENTS TO THE BANK AFTER THE L/C EXPIRY DATE?CAN THE IMPORTER REJECT THE DOCUMENTS AND WILL IT CANCEL THE L/C ?PLZ NOTE IT IS IRREVOCABLE LC AT SIGHT. ———————MR. OLD MAN'S COMMENTNo need to cancel the L/C Dear Bimalshrestha, … Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?