Does the amount in field field 39c ' additional amount covered' is included in credit amount 32B or is an amount permitted beyond field 32B? For what types of transactions can be used?
Thank you in advance!
Additional amount covered
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cristiand969
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picant
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in addition
Hi Pal,
the amount indicated in field 39C, additional amount covered, must be added to the amount in field 32 B to state the maximum amount covered by the l/c.
The tolerance in field 39 A, is to be added to the field 32 B to indicate the bank's credit risk.
Other comments appreciated
Ciao
the amount indicated in field 39C, additional amount covered, must be added to the amount in field 32 B to state the maximum amount covered by the l/c.
The tolerance in field 39 A, is to be added to the field 32 B to indicate the bank's credit risk.
Other comments appreciated
Ciao
