Negotiation Under Draft Drawn On Issuing Bank
Posted: Sun Jan 29, 2017 10:49 pm
Hi all,
Can any one explain to me if the nominated bank LC available with it by negotiation at draft drwan on issuing Bank 45 days from sight , if Beneficiary represent docs to nominated bank and want to discount it , so how nominated bank can determine the maturity date ,
Can any one explain to me if the nominated bank LC available with it by negotiation at draft drwan on issuing Bank 45 days from sight , if Beneficiary represent docs to nominated bank and want to discount it , so how nominated bank can determine the maturity date ,