why is there different forms of authentication for the advising bank and second advising bank? Question raised: 20/10/20
Posted: Wed Apr 03, 2019 10:05 pm
UCP 600 sub-article 9 (b) indicates “the advising bank signifies that it has satisfied itself as to the apparent authenticity of the credit or amendment“.
UCP 600 sub-article 9 (c) indicates “the second advising bank signifies that it has satisfied itself as to the apparent authenticity of the advice it has received“.
Why does the latter use word “the advice it has received” rather than “the credit or amendment” as the former?
UCP 600 sub-article 9 (c) indicates “the second advising bank signifies that it has satisfied itself as to the apparent authenticity of the advice it has received“.
Why does the latter use word “the advice it has received” rather than “the credit or amendment” as the former?