Hello,
I would like to ask yourselves which new amount of the guarantee should be indicated in guarantee amendment in case the guarantee has been issued for the amount of USD 1 000, the demand for payment was honored / paid for the same amount (USD 1 000) and the applicant wants to increase guarantee amount by USD 500:
1) USD 1 500 (... increase amount of guarantee up to the amount of USD 1 500 ...)
or
2) USD 500 (... increase amount of guarantee up to the amount of USD 500) ...?
Thank you in advance for your answer.
Guarantee amount in the guarantee amendment
-
- Posts: 41
- Joined: Sat Feb 21, 2009 6:00 pm
- First Name: Gart
- Last Name: Gart
- Organization: Finance
- Filter: Two Plus Two =: 4
- Contact:
- picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
Re: Guarantee amount in the guarantee amendment
Hi Pal,
when using Swift MT767 field 32B or 33B only the increased/decreased amount, waiting for amendment acceptance. If outside Swift you may quote the balance too.
Oher comments appreciated
Ciao
when using Swift MT767 field 32B or 33B only the increased/decreased amount, waiting for amendment acceptance. If outside Swift you may quote the balance too.
Oher comments appreciated
Ciao
- SANUSILAMIN
- Posts: 43
- Joined: Mon Sep 11, 2017 2:47 pm
- First Name: ALSUNOUSI
- Last Name: LAMEEN
- Organization: NOC, LIBYA
- Filter: Two Plus Two =: 4
- Location: LIBYA
Re: Guarantee amount in the guarantee amendment
HI
You should do the amendment as follows:
filed (32):You are authorised to increase the Guarantee amount to USD 500 to be USD 1,500.00 TOTALLY .
Thanks and other comments appreciated
REGARDS
You should do the amendment as follows:
filed (32):You are authorised to increase the Guarantee amount to USD 500 to be USD 1,500.00 TOTALLY .
Thanks and other comments appreciated
REGARDS