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language of the covering letter

Posted: Sat Dec 06, 2008 12:35 am
by jim
dear members,

i know that under UCP, banks are not required to translate the langaue of the covering letter or any documents. is it the same under documentary collection?

regards

Jim

Re: language of the covering letter

Posted: Sat Dec 06, 2008 12:56 pm
by picant
Hi Pal,

According to URC 522 art 14, banks are not responsible for translation, and I think covering letters have been drafted by ICC in the past to have the same boxes and same instructions to follow. I observed the same type of forms coming from different countries, then any banks adjusted these forms to their need, and now you have to peruse the instructions to avoid mistakes.

Ciao