Reimbursement Claim Made After Latest Presentation Date

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Tareq
Posts: 39
Joined: Thu Jun 20, 2013 1:36 am
First Name: Isratul
Last Name: Tareq
Organization: Standard Chartered
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Location: Bangladesh

Reimbursement Claim Made After Latest Presentation Date

Post by Tareq » Fri Jan 02, 2015 7:23 am

Dear friends,
If reimbursement claim made by the claiming Bank after the latest presentation date, Can the reimbursing Bank honour the claim?

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picant
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Joined: Wed Aug 20, 2008 1:49 pm

UCP or URR

Post by picant » Fri Jan 02, 2015 11:57 am

Hi Pal,

first of all, which rules apply to the reimbursing claim, under UCP art 13, the authorization should not be subject to an expiry date, under URR let me check!
Other comments appreciated
Ciao

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