UCP 600 ARTICLE 38(G)
Posted: Mon Oct 23, 2017 9:07 pm
Dear everybody,
what do you mean by "accurately" in UCP 600 Art. (g)?
dose it mean that all terms and conditions of main credit(with the exception of:
> the amount of the credit,
> any unit price stated therein,
> the expiry date,
> the period for presentation, or
> the latest shipment date or given period for shipment,
any or all of which may be reduced or curtailed.
should exactly be mentioned in The transferred credits?
for example if main credit to be a confirmed credit and advance payment to be allowed for 15% and first benef wants to transfer it to 3 second benef, whther both of these two conditions should be mentioned in all three transferred credit to second beneficiaries? or one of contions may be omited from one or two of transferred credits?t
what do you mean by "accurately" in UCP 600 Art. (g)?
dose it mean that all terms and conditions of main credit(with the exception of:
> the amount of the credit,
> any unit price stated therein,
> the expiry date,
> the period for presentation, or
> the latest shipment date or given period for shipment,
any or all of which may be reduced or curtailed.
should exactly be mentioned in The transferred credits?
for example if main credit to be a confirmed credit and advance payment to be allowed for 15% and first benef wants to transfer it to 3 second benef, whther both of these two conditions should be mentioned in all three transferred credit to second beneficiaries? or one of contions may be omited from one or two of transferred credits?t