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Home Tag Archives: Recourse

Tag Archives: Recourse

RECOURSE IN CASE THE DOCUMENTS ARE DISCREPANT OR FORGED

By Mr Old Man
August 14, 2018
in :  Articles, Mr Old Man
0
3,412

by Nguyen Huu Duc A member of letterofcreditforum.com raised on the same forum a question regarding the right to recourse in case the documents honoured or negotiated are found to be discrepant or forged and rejected by the issuing bank or applicant. The question is not new. Still, it has remained to be one of the focuses of attention of …

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Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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