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What Is The Role Of Beneficiary Bank If Received L/C Directly From Issuing Bank Without Clause 53a And 57a?
Posted: Sun Dec 13, 2015 7:11 pm
by NazeerAhmed
What is the role of beneficiary bank if received l/c directly from issuing bank without clause 53a and 57a ?
Posted: Wed Dec 16, 2015 8:10 pm
by Ramesh123
can any one clarify for below..
when nominated bank acting on its nomination as per ucp 600 and it has found documents are complying and forwarded documents to issuing bank, issuing bank found that docs are discrepant. Is issuing still undertake to that Nominated bank..?