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Dear Friends,

IB confirm to client that the swift system has been open with a MT799 to the BB

What is the legal time frame between the beneficiary bank on acting/replying on a MT799 from the issuer bank??

and what will be the legal time frame to reply on the authenticated message from the BB to the IB with an MT760

IB is in South east Asia. BB+ bank
BB is in the EU, a A2 bank

Instrument is an SBLC in ISP98 format

Keeping in mind the time frame between Asia and ECT.

Many thanks

Hi Pal,

frankly I dont understand your query, could you, please, post more details concerning this issue?
Thanks and ciao

Hi,

Judging just from message types, there is no other time limits apart from 'reasonable time' and good banking practice.
But perhaps if I'd known what would be the contents of that 799, that could shed some more light on what the issue is here.
.

Hi, I think there is no time limits for replying by SWIFT.