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Return collection post charges

Posted: Sun Jun 01, 2014 9:30 pm
by umsara
Ithe drawer bank has instructed me (the receiver bank)to return back the set of collection so I return them back as was instructed but I did not claim coureier charges on the bases that They 'll credit my banks account upon their receiving the docs.However drawer refused to pay the charges. My question is the 522 mention any thing about this .
Please advise me.
Replies fm all is welcome

Art 11 c

Posted: Sun Jun 01, 2014 10:54 pm
by picant
Hi Pal,

IMHO, I think that art 11 c regulates this situation, the party instructng another party will bear the risk for fees and commissions even if in case of no payment.
Other comment appreciated
Ciao