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Home Tag Archives: when-is-the-time-for-the-issuing-bank-to-release-t

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WHEN IS THE TIME FOR THE ISSUING BANK TO RELEASE THE BILL OF LADING TO THE APPLICANT?

By Mr Old Man
May 27, 2010
in :  Uncategorized
18
4,272

QUERY FROM WILLY COOPER Willy Cooper writes: Dear Sir Bill of Laden & LC by negotiating, at sight. Sorry I'm a little confused again 1 LC by negotiation, at sight, with drafts drawn on the issuing bank. a) So after 5 days of presenting the compiling documents to the negotiating bank the negotiating bank is now required to pay me …

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