PRESENTATION PERIOD
Posted: Mon Mar 29, 2021 2:58 pm
Dear all,
Can i have your views on SWIFT format as per below for presentation period:
48 PERIOD FOR PRESENTATION IN DAYS
21/WITHIN LC VALIDITY
My opinion is that this means within 21 days of shipment, and this date must be within expiry.
Client argues that this means they have up to expiry to present documents. Expiry is in late April.
Thanks and regards
Can i have your views on SWIFT format as per below for presentation period:
48 PERIOD FOR PRESENTATION IN DAYS
21/WITHIN LC VALIDITY
My opinion is that this means within 21 days of shipment, and this date must be within expiry.
Client argues that this means they have up to expiry to present documents. Expiry is in late April.
Thanks and regards