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..???
Paper Presentation Under LC Subject To eUCP
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varakantham26
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L59099
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Re: Paper Presentation Under LC Subject To eUCP
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
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
Agreed that eUCP are seldom used, but the l/c may allows presentation of both electronic records
or paper documents.
Other comments appreciated
Ciao