MT754 with MT742
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mirbaseer
- Posts: 2
- Joined: Fri Apr 09, 2021 11:17 am
- First Name: Basir
- Last Name: Mir
- Organization: TCS
- Filter: Two Plus Two =: 4
- Location: India
MT754 with MT742
For a transaction, Is it correct to send MT754 to issuing Bank and MT742 to Reimbursing Bank at the same time ?
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picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
Re: MT754 with MT742
Hi Pal,
the l/c instructions will guide you on the correct way. MT742 to claim the amount to the reimbursing bank, MT754 to pre-advise
the claimed amount to the issuing bank.(may be a MT799 could be more appropriated)
Other comments appreciated.
Ciao
the l/c instructions will guide you on the correct way. MT742 to claim the amount to the reimbursing bank, MT754 to pre-advise
the claimed amount to the issuing bank.(may be a MT799 could be more appropriated)
Other comments appreciated.
Ciao