Dear Friends,
IB confirm to client that the swift system has been open with a MT799 to the BB
What is the legal time frame between the beneficiary bank on acting/replying on a MT799 from the issuer bank??
and what will be the legal time frame to reply on the authenticated message from the BB to the IB with an MT760
IB is in South east Asia. BB+ bank
BB is in the EU, a A2 bank
Instrument is an SBLC in ISP98 format
Keeping in mind the time frame between Asia and ECT.
Many thanks
Within Which Time A Bank Must Respond a SWIFT Message?
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frankf
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picant
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More details
Hi Pal,
frankly I dont understand your query, could you, please, post more details concerning this issue?
Thanks and ciao
frankly I dont understand your query, could you, please, post more details concerning this issue?
Thanks and ciao
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Paris2013Kent
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Time limits for SWIFT messages
Hi,
Judging just from message types, there is no other time limits apart from 'reasonable time' and good banking practice.
But perhaps if I'd known what would be the contents of that 799, that could shed some more light on what the issue is here.
.
Judging just from message types, there is no other time limits apart from 'reasonable time' and good banking practice.
But perhaps if I'd known what would be the contents of that 799, that could shed some more light on what the issue is here.
.
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simcorporate
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no time limits
Hi, I think there is no time limits for replying by SWIFT.