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  • 2 hours ago Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?
  • 2 hours ago Does Field 39A Cover Quantity Tolerance?
  • 2 hours ago CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?
Home Tag Archives: which-party-is-liable-for-payment-of-charges

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WHICH PARTY IS LIABLE FOR PAYMENT OF CHARGES?

By Mr Old Man
March 16, 2010
in :  Uncategorized
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BAGERO'S INQUIRY Topic might be confusing. The problem is that – I'm a manufacturer and my customer from MidEast has established L/C for which I'm insisting to change into TT payment. But the customer has already opened it (without my consent) and the advising bank contacted me about L/C. Of course, I informed the bank that I would not accept …

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