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Home Tag Archives: sanction clause

Tag Archives: sanction clause

Sanctions Clause in Letters of Credit

By Mr Old Man
January 10, 2018
in :  Mr Old Man, Q&A
0
6,619

QUESTION Dear Mr. Old Man We have shipment of bulk liquid cargo. We got the charter party bill of lading with loading port as South Korea.We sent the documents to our bank our bank checked the documents and sent the complying documents to issuing bank. After five banking days passed, the issuing bank sent below swift message to our bank: …

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Cha mẹ rồi sẽ già đi

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NHỚ PHÒ NAM!

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2 days ago

Should the draft be drawn on the issuing bank or on the confirming bank?

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After 60: The West Sees It One Way, Asia Another

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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

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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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