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In order to save time on our LC document presentation, our internal team completes the detailed compliance checks and sends the original documents straight to the customers bank, rather than shipping the documents physically to our bank first, which is based in a remote foreign country. Although LC international rules authorize direct submission by the beneficiary to the issuing bank, it seems that some of the customers banks are not agreeing. They require a swift from our advising bank. Currently we have 4 shipments blocked because of this type of challenge with issuing bank from customer.
Any idea how to solve this type of pb, without having to send the docs to our bank first?
Thanks

Hi Pal,

more than UCP 600, AML and KYC rules play today a big role, so the isuing bank receiving documents
from you, must investigate avoid to incurr in sanctions etc. One question: where the l/c was available and in which way?
Other comments appreciated.
Ciao

According to UCP 600, the issuing bank must pay in anyways

Unless prohibited in the L/C, beneficiary may send documents directly to issuing bank, and issuing bank cannot avoid to honour presentation just for the reason that docs not send via bank. However, this may cause some delays. Issuing bank may request advising bank to confirm the authenticity of the documents. To avoid this delay, just after you have sent documents, you had better ask your bank to send a message to issuing bank, informing that documents sent directly by beneficiary, including some details such as docs amount, invoice nr, b/l nr. etc.