Page 1 of 1

Reimbursement Claim Made After Latest Presentation Date

Posted: Fri Jan 02, 2015 7:23 am
by Tareq
Dear friends,
If reimbursement claim made by the claiming Bank after the latest presentation date, Can the reimbursing Bank honour the claim?

UCP or URR

Posted: Fri Jan 02, 2015 11:57 am
by picant
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