Is it allowable to use LC clause 57 (Advice through) from one country to another country?
Posted: Sun Mar 28, 2021 11:43 am
Dear Expert(s),
I'm seeking help regarding the below issues:
Case:
We want to import from the company in France and we are in Bangladesh. Our LC opening bank XYZ said that they don't have any business relationship with any bank in France but they have connections/relations with the various bank in Germany. In this case, what can we do? I have two questions
Q: Is it allowable to use LC clause 57 (Advice through) from one country to another country?
Q: Is it justified what our bank XYZ said that they don't have any business relationship with any bank in France?
Best Regards.
I'm seeking help regarding the below issues:
Case:
We want to import from the company in France and we are in Bangladesh. Our LC opening bank XYZ said that they don't have any business relationship with any bank in France but they have connections/relations with the various bank in Germany. In this case, what can we do? I have two questions
Q: Is it allowable to use LC clause 57 (Advice through) from one country to another country?
Q: Is it justified what our bank XYZ said that they don't have any business relationship with any bank in France?
Best Regards.