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LATE PRESENTION

Posted: Wed Jan 24, 2018 1:08 pm
by SANUSILAMIN
DEAR ALL,,

I AM A BENEFICIARY OF CONFIRMED LETTER OF CREDIT ISSUED IN FAVOR OF ATLAS COPCO GMBH .IT IS EXPIRED NOW AND I DIDN'T PRESENT REQUESTED THE DOCUMENTS TO THE BANK UNTIL NOW.I DISCUSSED WITH THE APPLICANT ABOUT THE COPY OF DOCS WHICH SENT TO HIM SINCE NOV,2017 AND HE/THE APPLICANT ACCEPTED THEM . MY QUESTION IS COULD I PRESENT THE DOCS TO THE BANK UNDER THESE CIRCUMSTANCES ? AND WHAT THE KIND OF DISCREPANCY WILL BE WHEN I PRESENT THE DOCS ESPECIALLY THE DATE OF AIRWAY BILL IS 17.11.2017.

THANK YOU FOR YOUR PROMPT ACTION.
REGARDS

Re: LATE PRESENTION

Posted: Thu Jan 25, 2018 1:16 am
by picant
Hi Pal,

expired documentary credit does not exist anymore. Please check the consignee of the AWB, if it is a bank..........
<other comments appreciated
Ciao

Re: LATE PRESENTION

Posted: Thu Jan 25, 2018 5:04 pm
by SANUSILAMIN
DEAR PICANT
I SO GLAD TO BE HERE AND GETTING A SURE INFORMATION FROM U SO I WOULD SAY THANK A LOT.
REGARDING YOUR REQUEST I CHECKE THE AWB I FOUND THE CONSIGNEE IS MY COMPANY.
REGARDS

Re: LATE PRESENTION

Posted: Fri Feb 23, 2018 7:40 am
by nhungth306
If the consignee is your company then you could discuss with the applicant to arrange another payment term or reissue another LC.