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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
6,592

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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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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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...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

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

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