RETURN OF DOCUMENTS (rev) QUESTION Dear Mr. Old Man, We seek your advice regarding a case involving document discrepancies. As the issuing bank, we have received a set of documents in which all originals of the insurance certificates are not endorsed in blank as required. The applicant has informed us that the beneficiary has agreed to replace these discrepant insurance certificates and has requested … Read More
When Can a Non-Nominated Bank Negotiate? Risks and Realities for Bank B in Documentary Credit Transactions
When Can a Non-Nominated Bank Negotiate? Risks and Realities for Bank B in Documentary Credit Transactions