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Presentation number of days

Posted: Wed Jul 14, 2021 4:05 am
by TradeLaporte
Dear members
LC indicate Umber of days : 15/within credit validity , how to interpret this conditions? Only 15 days after shipment date or up the expiry date of the LC

Your valuable comments appreciated

Re: Presentation number of days

Posted: Wed Jul 14, 2021 12:51 pm
by picant
Hi Pal,

A part checking the latest date of shipment , IMHO are only 15 days , as in the past the sentence was completed by"but within the credit validity".
If indicated as" within credit validity" only the presentation would be extended to l/c expiry date.
Other comments appreciated
Ciao