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Home Tag Archives: short drawn

Tag Archives: short drawn

SHORT DRAWN AND SHORT SHIPMENT

By Mr Old Man
January 4, 2019
in :  Mr Old Man, Q&A
3
6,712

QUESTION Dear Mr. Old Man, I need your opinion on the following case: LC stated: + Quantity: 1000 MT (+/- 10%) + Unit price: USD 100 + Total amount: USD 100,000 (+/- 10%) + Packing: in 5 containers + Partial shipments allowed In May the beneficiary made the 1st presentation for USD 30,000 covering shipment of 300 MT packed in …

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