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Presentation number of days is 1

Posted: Sun Dec 13, 2020 9:20 am
by TradeLaporte
Dear member

Documents presented several months after they issued for services number of presentation per Lc is “1” issuing bank refuses for late presentation
Lc is for services

Your comments are appreciated

Re: Presentation number of days is 1

Posted: Sun Dec 13, 2020 2:46 pm
by picant
Hi Pal,

if we speak about the field in Swift MT700, n, 48, where it should be used only when transport
documents are required, in the last swift instruction it may be used for other scope that will be
indicated in the Narrative. If no narrative, IMHO, the field should be ingnored!
Other comments appreciated
Ciao