The Beneficiary Requested To Return The Document
Posted: Fri Jun 20, 2008 11:55 am
Hllow Every body:
Beneficiary submitted the complying documents to his bank.Beneficiary forward the documents to the presenting bank on acceptance basis.Issuing Bank did not extend acceptance or discrepancy notice.After 10 working days the beneficiary request his bank to return the credit and call back the documents from the issuing Bank.
Can presenting bank call back the documents from the Issuing Bank in this situation?
What is Beneficiary's intention?
Beneficiary submitted the complying documents to his bank.Beneficiary forward the documents to the presenting bank on acceptance basis.Issuing Bank did not extend acceptance or discrepancy notice.After 10 working days the beneficiary request his bank to return the credit and call back the documents from the issuing Bank.
Can presenting bank call back the documents from the Issuing Bank in this situation?
What is Beneficiary's intention?