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Definition of presenter in URDG758

Posted: Wed Jan 05, 2011 12:44 am
by CDCS2009
as per URDG 758,
presenter means a person who makes a presentation as or on behalf of the beneficiary or the applicant, as the case may be;
In my opinion, the bold words means that this rule does not mean that all who make presentation is a presenter. That means if any party other than the applicant and beneficiary deliver a document to the guarantor, that will be a presentation but that party is not a presenter. do you agree with me?

Definition of presenter in URDG758

Posted: Thu Mar 01, 2012 10:00 pm
by leekaiyin55
Dear Pal,

My idea is that we need a commonly pre-agreed terms for the rule URDG758. Otherwise, there must be arguments and/or confusion if different parties hold their own interpretations.

Presentation can mean a lodgement of claim, a request for cancellation or other else. That's why "as the case may be" is mentioned.

Do you agree with my opinion?