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URR 725

Posted: Thu Mar 26, 2009 7:25 pm
by peterpeter
We have the new version of bank-to-bank reimbursement URR 725. For a MT700 LC, field 40E shows 'UCPURR latest version' but its content shows subject to URR 525. Is it inconsistent?

i would not

Posted: Fri Mar 27, 2009 11:34 am
by iLC
you may consider this a conflict. personally i would not worry much about this since there is hardly any change in URR 725 that may affect the right of the claiming bank

URR 725

Posted: Tue Mar 31, 2009 2:25 pm
by SHAMEER
The issuance date of the L/c plays an important role, in your case the issuance date may be before the implementation of URR-725.

.

Regards

MS

copy of URR 725

Posted: Thu Apr 02, 2009 8:07 pm
by Ozoda
Have some the text of URR 725.