WHEN AN AMENDMENT COME INTO FORCE? QUERY FROM KHRATHA UCP600 article 10 section f states that " a provision in an amendment to the effect that the amendment shall enter into force unless rejected by beneficiary within a certain time shall be disregarded". This article is so complecated for me. And I would like to ask you all if you could explain this article with giving … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?