Can the Collecting Bank Release the Documents to the Buyer after Sending Advice of Non-Payment? ________ In documentary collections, things don’t always go as planned. Sometimes the buyer initially refuses to pay under a Documents against Payment (D/P) collection, only to come back the next day ready to settle and collect the goods. But what if, by then, the collecting bank has already reported the buyer’s refusal and is waiting for the remitting bank’s instructions? … Read More
When the LC beneficiary is a “sister company” in Singapore: How can Bank V remain the presenting bank?
When a Shipping Line Requests a General Average Deposit – What Documents Should the Bank Require for the Transfer?
When the LC beneficiary is a “sister company” in Singapore: How can Bank V remain the presenting bank?
When a Shipping Line Requests a General Average Deposit – What Documents Should the Bank Require for the Transfer?