Best Trade Solution

Dear ALL

Kindly confirm is their any risk involved in handling the documents if the collecting bank name is mentioned on the draft sent by the Drawer bank or the availisation clause is mentioned on the draft and the collection shcedule of the drawer bank is silent about the same.

Hi Pal,

Documents are against payment or acceptance, or acceptance with bank guarantee or aval.
If the drawee is the importer c/o the bank, this could be domiciliation.
Ask the remitting bank if you have doubts.
Ciao