Dear all,
Two case for your consideration;
Would you transfer a LC after the latest date of shipment?
If yes, then would you transfer a credit with shipment schedule after the latest shipment date for the first installment?
Transfer a LC after the latest date of shipment
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shahriar
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bdesh
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Transfer of LC
Hi,
As per UCP-600, in case of installment shipment, if first shipment is failed, the credit becomes invalid !
Regards
As per UCP-600, in case of installment shipment, if first shipment is failed, the credit becomes invalid !
Regards
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loankim
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shipment schedule
Hi all,
i personal think that we can do that because UCP permits a document maybe dated prior to the issuance date of credit provided that not later than presentation date.
Regarding to shipment schedule in transferable LC, i pay more attention to transfer credit more than one 2nd beneficiary because it is not safely unless i only transfer to one 2nd beneficiary that ship the total quantity of this schedule or i exculde article 32.
yr comments are highly appropriate !
rgds,
i personal think that we can do that because UCP permits a document maybe dated prior to the issuance date of credit provided that not later than presentation date.
Regarding to shipment schedule in transferable LC, i pay more attention to transfer credit more than one 2nd beneficiary because it is not safely unless i only transfer to one 2nd beneficiary that ship the total quantity of this schedule or i exculde article 32.
yr comments are highly appropriate !
rgds,