Lc expired terms 90 and 10 percent

[TradeLaporte]

Dear members

The lc has expired about 90 days ago , customer request to present in approval documents will you consider the presentation to follow any of terms of payment I.e. indicate if is for 90 percent or 10 percent of the lc
Your comments appreciate it

[picant]

Hi Pal,

IMHO, it depends on the l/c wording, the deferred payment for 10% may be interpreted included or excluded regarding the expiry date.
If excluded and it is necessary a new document presentation, the credit must indicated a longer expiry date.
Other comments appreciated
Ciao