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Home Tag Archives: payment without documents

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PAYMENT WITHOUT DOCUMENTS

By Mr Old Man
August 28, 2024
in :  Mr Old Man, Q&A
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539

  QUESTION Hi Mr. Old Man, I have a few questions about transferable LC again. In the event that a seller fails to submit a required document as specified in the LC but the buyer doesn’t mind and asks the bank to disburse the payment, would the issuing bank typically proceed as instructed or would the bank insist that the …

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Ngày Nhà giáo — mỗi nước một ngày

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21 hours ago

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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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Transferable LC with an Invoice Required in the Applicant’s Name

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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