Presentation number of days

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TradeLaporte
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Presentation number of days

Post by TradeLaporte » Wed Jul 14, 2021 4:05 am

Dear members
LC indicate Umber of days : 15/within credit validity , how to interpret this conditions? Only 15 days after shipment date or up the expiry date of the LC

Your valuable comments appreciated

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

Re: Presentation number of days

Post by picant » Wed Jul 14, 2021 12:51 pm

Hi Pal,

A part checking the latest date of shipment , IMHO are only 15 days , as in the past the sentence was completed by"but within the credit validity".
If indicated as" within credit validity" only the presentation would be extended to l/c expiry date.
Other comments appreciated
Ciao

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