Paper Presentation Under LC Subject To eUCP

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varakantham26
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Paper Presentation Under LC Subject To eUCP

Post by varakantham26 » Mon Sep 25, 2017 1:35 am

when an LC is issued subject to EUCP.
beneficiary presented paper documents.
is issuing bank obliged to check the documents, if yes as per which rules..???

L59099
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Re: Paper Presentation Under LC Subject To eUCP

Post by L59099 » Sat Sep 30, 2017 11:26 pm

eUcp is rarely applied nowaday and paper documents is prefered due to the true authentication, for my viewpoint only

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picant
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Re: Paper Presentation Under LC Subject To eUCP

Post by picant » Tue Oct 03, 2017 10:28 am

Hi Pal,

Agreed that eUCP are seldom used, but the l/c may allows presentation of both electronic records
or paper documents.
Other comments appreciated
Ciao

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