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3 New Articles
  • 3 hours ago Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?
  • 3 hours ago Is the Central Bank Liable if the Issuing Bank Becomes Bankrupt?
  • 1 day ago Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?
Home Tag Archives: Sudan Sanctions

Tag Archives: Sudan Sanctions

Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?

By Mr Old Man
3 hours ago
in :  Mr Old Man, Payment, Q&A
0
3

Introduction A practical question has arisen concerning a D/P (Documents against Payment) collection involving goods of Sudanese origin. The goods—watermelon seeds—were shipped from Sudan and have already arrived at customs. The importer intends to make payment in AED to the beneficiary in Dubai. The collecting bank received an MT199 from Mashreq Bank New York setting out its sanctions and internal …

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Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?

Mr Old Man
3 hours ago

Is the Central Bank Liable if the Issuing Bank Becomes Bankrupt?

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Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?

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Late Payment Interest Claim under a Sight Letter of Credit

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UCP 600 ARTICLES 30 AND 31

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Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?

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3 hours ago

Is the Central Bank Liable if the Issuing Bank Becomes Bankrupt?

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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...

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